Why Is Everyone Talking About GameStop Stock?
$GameStop (GME.US)$ $AMC Entertainment (AMC.US)$
The video game retailer is shaking things up again to turn things around. GameStop has been struggling to regain its footing amid declining revenue and the broader shift to digital game sales.
The video game retailer is shaking things up again to turn things around. GameStop has been struggling to regain its footing amid declining revenue and the broader shift to digital game sales.
Two recent announcements address very different aspects of GameStop as an investment. The company appointed Diana Saadeh-Jajeh as CFO effective July 7, and it will do a 4-for-1 stock split within the next several weeks. GameStop's stock surged during the meme stock frenzy of 2021. Since then, GameStop has been down 62% off its highs. These latest moves are getting everyone to talk about GameStop again. Let's consider what it could mean for investors.
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Zerocool888 : Who’s the “everyone”? Any reliable source?
Parkway_Drive21 Zerocool888 : Do you live under a rock? This whole thing started on Reddit. Now we've got a million MSM articles about it, CNBC crying about it, God knows how many subreddits dedicated to it, investors at every corner of the earth holding it, etc.
I see you're big into AMC, but don't come here acting like GME isn't the real play.
Jmtec : I agree with the last Statement, That's why I Hold Both Stocks...
No Need to down talk either...
manyjackie OP Zerocool888 : Apes?
manyjackie OP Parkway_Drive21 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
manyjackie OP Jmtec : thanks