4 ms·
Meme stocks are the weirdest part of it for me. GameStop is still priced several times the pre-meme value.
by civilized 4y ago
Meme stocks are the weirdest part of it for me. GameStop is still priced several times the pre-meme value.
- TinyRick 4y agoThe company is also in a much better financial position than it was pre-meme. They took advantage of their insanely valued share price in mid-2021 and performed an at-the-market equity offering which allowed them to pay off loans and improve their balance sheet significantly.
- filoleg 4y ago> GameStop is still priced several times the pre-meme value. As long as it keeps going on its current trajectory, it won't stay above the pre-meme value for much longer.
- yareally 4y agoAMC is almost back to prepandemic levels though