The GameStop Trap: 3 Reasons GME Stock Is NOT Back
GMEGameStop(GME) investorplace.com·2024-05-22 21:15

Bloomberg columnist Matt Levine wondered on May 13 if GameStop (NYSE:GME) was back. He was speaking about the video game retailer’s 70% surge in its share price after Keith Gill, a celebrity investor known as “Roaring Kitty”, posted on X (formerly Twitter) for the first time since June 2021. Everyone and their dog has since provided GameStop stock analysis about the meme stock’s comeback. The 70% jump in GME stock proves the brokenness of the markets, and investors have forgotten that fundamentals rule the ...