2 ms·
Gamestop is still up 500% YOY. I'm pretty surprised it's held so much value.
by cwkoss 5y ago
Gamestop is still up 500% YOY. I'm pretty surprised it's held so much value.
- plorkyeran 5y agoThe valuation before the short squeeze was pricing in the risk of bankruptcy. Covid hit Gamestop hard, and part of why it was so heavily shorted was that many thought the company was circling the drain. A year later that's no longer such a common opinion, so even ignoring the shenanigans you'd expect the price to be considerably higher.