Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

GameStop Stock Has Climbed Too High

TheMotleyFool

0 0

GameStop Stock Has Climbed Too HighPhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/bda07ced-e79e-4489-b731-ada601660c8e.png

Investors left GameStop (NYSE: GME) for dead in the early days of the COVID-19 pandemic. However, shares of the gaming retail specialist have sparkled in recent months, rallying from a 52-week low of $2.57 to around $10 by the end of September.

GameStop stock then soared 44% last Thursday , after the company announced a new partnership with Microsoft (NASDAQ: MSFT). The shares have roughly doubled year to date.