Why GameStop Stock Plunged 39% in January
GameStop (NYSE: GME) saw its stock plunge 39.1% last month to just below $4, according to data from S&P Global Market Intelligence.
The stock has been in continuous decline since November 2015, when it hit a peak of $46.82. The last five years have been nothing short of disastrous for the company as it tries ways to turn around. But with no break in the flow of bad news, investors will probably begin to wonder if the company even qualifies as a value stock anymore.
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Source Fool.com
