GameStop: Another Weak Quarter Expected, Shares Quiet Ahead Of Wednesday’s Results


  • Meme stocks have been crushed this year after a wild 2021.
  • GameStop has had some interesting developments, but soft overall video game sales is a fundamental headwind. One big investor is bearish.
  • I see more downside risks than upside potential given poor profitability and a still-high valuation.
  • The options market has priced a relatively small move post-earnings, however.
Retail Trader Favorite Gamestop Reports Quarterly Earnings

Justin Sullivan

Meme stock mania recently made a brief comeback as stocks rallied off their October lows. Those gains were quickly given back though as speculation in 2022 is nothing like that of last year.

All eyes are now on how shares

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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