GME Stock Warning: 2 Big Reasons Why GameStop Still Looks Like a Sell
GameStop(GME) Investor Place·2024-08-08 21:05
GameStop (NYSE:GME) is the original meme stock, surging to incredible levels in previous meme stock mania bubbles. This stock is down considerably from its 2021 highs, but has also seen its fair share of surges. In fact, GameStop stock is actually up 19% on a year-to-date basis.That said, despite its recent moves higher and previous nostalgic rallies, it’s hard to ignore the underlying fundamentals of GameStop’s core business. The company’s fiscal Q1 results for the period ending May 4 were hard for many in ...