GameStop’s 10% surge on an EPS beat sparks talk of a comeback, but fundamentals remain shaky. While cost-cutting and improved margins are encouraging, the core business faces long-term headwinds from digital gaming trends. Retail investor momentum could drive short-term spikes, but sustainable growth hinges on strategic shifts beyond brick-and-mortar. A cautious outlook seems warranted unless turnaround efforts show lasting results. Are you buying the rally?
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- Mortimer Arthur·03-29There is palpable evidence that $20 is a firm support line. Near term Upside is about $30 while Downside is about $19, at the extreme.LikeReport
- Enid Bertha·03-29All my other stocks coming back now except GME ! HmmmLikeReport
- BorisBack·03-28Wow, great insights! Excited to see how this unfolds! [Wow]LikeReport
- jazzyloo·03-28Be carefulLikeReport