|gamestop stock aftermarket price||2||0.1||6572||4|
As of June 2021, The current estimated net worth of the company about $5 billion. GameStop has really done a lot for the growth of the entertainment industry. The company has established retail stores all over the world and has immensely earned a lot during their years in operation.Is GameStop a monopoly?
The monopoly holder is Valve. GameStop merely has physical real estate. But investors who want to invest in gaming see little choice. They can either invest in individual game producers, such as ATVI or Electronic Arts (NASDAQ:EA), or "get diversification" via GameStop.What happened with GameStop stock?
Before its recent explosion, GameStop’s stock had been struggling for a long time. The company has been losing money for years as sales of video games increasingly go online, and its stock fell for six straight years before rebounding in 2020. That pushed many professional investors to make bets that GameStop’s stock will decline even further.