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18.07.2021 15:07:05

How Much More Does GameStop Have to Fall Before You Can Buy It?

The wild ride GameStop (NYSE: GME) has been on this year could be coming to an end. The stock is down over 50% from levels it hit just one month ago and it has lost two-thirds of its value from the all-time high it struck back in January. Because the video game retailer is one of the few so-called meme stocks that actually does still have a future, does the haircut GameStop's shares received mean it's time to buy? Not yet, and here's why.GameStop is just beginning its turnaround adventure. It has a new management team and board of directors that are like-minded in their vision for the retailer.Continue reading
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