Ryan Cohen's 'Inane' Move Is Bad News for GME Stock
Wall Street warns that GameStop is headed down the wrong path What do you do if you’re running a struggling retail company that is bleeding red ink as sales…
Source: biztoc.com
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Ryan Cohen's 'Inane' Move Is Bad News for GME Stock
Investors in GME stock should be warned: Ryan Cohen investing GameStop's cash into stock picking is a dangerous bet.
Source: investorplace.com
GameStop's Reddit-fueled stock market situation explained
Photo: Michael M. Santiago/Getty Images American stock markets are in a lather. Little-guy investors are supposedly cratering billion-dollar hedge funds. Reddit,social media, and now Elon Musk are involved. And somehow, this is all for GameStop, the beleaguered video games retailer notorious for giving gamers pennies on the dollar for their used software. It’s very hard to recap what is going on with GME, the ticker symbol that has become a hashtag, because the news in a volatile stock market changes instant to instant. We’ll try anyway. The most important thing to understand about GameSt...
Source: polygon.com