GameStop Stock: All-Time Highs and Lows

Overview

GameStop Corp. (GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company operates over 5,500 stores in the United States, Canada, Europe, Australia, and New Zealand.

On January 28, 2021, GME reached its all-time high of $120.75 USD. This was due in part to a surge in interest from retail investors, who were encouraged by online forums such as Reddit's WallStreetBets.

All-Time Low

GME's all-time low was $0.64 USD, which it reached on February 15, 2020. This was due to a decline in sales, as well as competition from online retailers such as Amazon.com.

Current Price

As of July 12, 2021, GME is trading at $142.60 USD. This is a significant increase from its all-time low, but still below its all-time high.

Analysis

GME's recent price surge is largely due to speculation from retail investors. However, the company also has some positive fundamentals, such as its strong brand recognition and its loyal customer base.

It is important to note that GME is a volatile stock, and its price could fluctuate significantly in the future. Investors should carefully consider their risk tolerance before investing in GME.

Conclusion

GME has a long and storied history. The company has faced challenges in recent years, but it has also shown signs of resilience.

GME's recent price surge is a reminder of the power of retail investors. However, it is important to remember that investing in stocks always involves risk. Investors should carefully consider their risk tolerance before investing in any stock.