GameStop: More than a Meme Stock (Cash-Rich)
GameStop(GME) ZACKS·2024-11-15 01:56
GameStop: The Rise of the Retail InvestorLegendary early 20th-century investor Jesse Livermore once remarked:“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”Though I largely agree with Livermore from a market psychology perspective, what occurred in 2020 with the meme stock craze was genuinely unique. The COVID-19 pandemic and “stay at home” policies sparked a new generation ...