What is a good valuation of GameStop?
December 18, 2021
by an member from University of Pennsylvania - The Wharton School in Philadelphia, PA, USA
GameStop, unlike traditional stocks that are pumped and dumped, has not gone down to its original price. It currently hovers by multiple factors over its previous 2020 valuation. It has been almost a year and the price has stayed consistently higher, albeit the fact that video game stores are underperforming relative to their 2000s cashflow numbers. How can this be explained?
from Emory University in Atlanta, GA, USA
There are a number of articles that go into the mania, but part of it can be attributed to that "Hold" culture within all the investing craziness. There is definitely not much value going into the current price from a technical analysis standpoint.
in New York, NY, USA