GameStop: Apes No Longer Strong Enough To Hold

Summary:

  • GameStop’s latest quarter showed a marginal improvement, with a smaller net loss and reduced costs.
  • The company’s high selling, general, and administrative costs make it uncompetitive compared to other retailers.
  • GameStop’s declining revenue and lack of a clear strategic vision indicate that it is rudderless and in need of a turnaround.

GameStop To Close 200 Of Its Stores

Spencer Platt

The GameStop (NYSE:GME) rally driven by the Reddit crowd has been one of the most exciting market events in recent times. I’m sure everyone who watches the stock market knows the story by now. However now that GME stock


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