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Why is GameStop stock worth $154 a share?

GME stock opened the year at $19 a share; today, it’s at $154. Source: Shutterstock / mundissima Much of that is due to GameStop’s huge, loyal following on Reddit’s r/WallStreetBets. That loyal army bought hard into the Q1 narrative that a short squeeze was in the works, and GME stock was well on its way to $1,000 per share, or more.

Will GameStop report negative earnings for 3 years in a row?

Popular meme stock GameStop (NYSE: GME) is scheduled to report fiscal third-quarter earnings on Dec. 8. For three years running, GameStop has generated negative earnings per share.

What does GameStop's business model look like now?

The gaming retailer has a strong balance sheet and the flexibility to change its business model — but exactly what that looks like remains a question. GameStop (NYSE:GME), one of the biggest stock stories of this year, transitioned from an increasingly irrelevant strip mall business to changing the paradigm of the investment market.

Is GameStop the best small-cap stock to buy in June 2021?

Perhaps it's only fitting that the meme stock which started it all makes the list: video game and accessories retailer GameStop (NYSE: GME). These are the small-cap stocks with the best value, fastest growth, and most momentum for June 2021.


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