4 Reasons GameStop Will Head Lower in 2020
GameStop's (NYSE: GME) stock was cut in half last year as the video game retailer struggled with plunging sales and profits. The suspension of its dividend and a failed bid to sell itself exacerbated that decline.
Value investors, who note that GameStop trades at less than one times its book value and next year's sales, might think this battered stock is too cheap to ignore. Unfortunately, I think it's headed much lower this year, for four simple reasons.
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Source Fool.com
