What's Going On With GameStop Stock On Wednesday?
What's Going On With GameStop Stock On Wednesday?
GameStop Corp (NYSE:GME) is experiencing a challenging period in its core business of selling video games and related merchandise.
GameStop Corp（紐約證券交易所代碼：GME）在其銷售電子遊戲和相關商品的核心業務中正處於一個充滿挑戰的時期。
However, its strategy of earning interest on large cash reserves has provided some financial relief, transforming it into something resembling a bank rather than a traditional retailer.
但是，其通過大量現金儲備賺取利息的策略提供了一些財務上的緩解，使其轉變爲類似於銀行而不是傳統零售商的公司。
After a dramatic rise in its stock value in early 2021, GameStop's shares have since dropped to $23 each, giving the company a market capitalization of around $8 billion, Reuters reports.
路透社報道，在2021年初股票價值大幅上漲之後，GameStop的股價已跌至每股23美元，使該公司的市值達到約80億美元。
Despite this decline, the company's enterprise value is more than double that of Best Buy Co (NYSE:BBY), whose sales are also declining but at a slower rate.
儘管有所下降，但該公司的企業價值是百思買公司（紐約證券交易所代碼：BBY）的兩倍多，百思買公司的銷售額也在下降，但速度有所放緩。
Despite the efforts to stabilize its finances, GameStop has kept its business model the same.
儘管努力穩定其財務狀況，但GameStop仍保持其商業模式不變。
GameStop's growing cash reserves provide a crucial buffer. If the company maintains its current operating cash burn rate, it could sustain itself for another decade, Reuters noted.
GameStop不斷增長的現金儲備提供了重要的緩衝區。路透社指出，如果該公司保持目前的運營現金消耗率，它可能會再維持十年。
Additionally, by investing its $3 billion cash pile in U.S. treasuries yielding around 5%, GameStop could earn nearly $40 million in interest each quarter, offering a significant financial boost despite its declining core business.
此外，通過將其30億美元的現金儲備投資於收益率約爲5％的美國國債，GameStop每季度可以獲得近4000萬美元的利息，儘管其核心業務下滑，但仍可帶來可觀的財務提振。
In many ways, GameStop functions like a bank, utilizing cash reserves to generate income rather than relying solely on its traditional retail operations.
在許多方面，GameStop的運作就像銀行一樣，利用現金儲備來創造收入，而不是僅僅依賴其傳統的零售業務。
Analysts had criticized the company's business model. However, experts anticipated that the company's strong cash position and new video game console releases from Sony, Nintendo, and Microsoft would provide support.
分析師批評了該公司的商業模式。但是，專家預計，該公司強勁的現金狀況以及索尼、任天堂和微軟發佈的新視頻遊戲機將提供支持。
Investors can gain exposure to GameStop via iShares Core S&P Mid-Cap ETF (NYSE:IJH) and Vanguard Small-Cap ETF (NYSE:VB).
投資者可以通過iShares Core標準普爾中型股ETF（紐約證券交易所代碼：IJH）和Vanguard小型股ETF（紐約證券交易所代碼：VB）獲得GameStop的敞口。
Price Action: GME shares traded lower by 1.65% at $24.52 premarket at the last check on Wednesday.
價格走勢：GME股價在週三的最後一次盤前交易中下跌1.65％，至24.52美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明： 該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審閱和發佈。
Photo Courtesy 1take1shot On Shutterstock
照片由 Shutterstock 上的 1take1shot 提供