GameStop Plans More Store Closures; Are Meme Stocks A Buy Now?

GameStop Plans More Store Closures; Are Meme Stocks A Buy Now?·Investor's Business Daily

Meme stocks like AMC and GameStop get their price spikes from strong buying interest. GameStop reported its third quarter results on Dec. 10, a key event for meme traders. Sales of $860 million on a loss of 4 cents per share missed analysts' estimates of $887.7 million in revenue and a loss of 3 cents per share.

Advertisement