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Why GameStop Couldn't Hold Onto Its Gains Today


And just like that, GameStop's (NYSE: GME) gains for the day vanished, performing a perfect 180-degree U-turn from where they stood at the middle of the day, Thursday, to close in the red, down 3.7%.

The loss brought to eight the number of consecutive days the video game retailer has fallen. So far in 2022, the stock is down 28%, an ignominious start to the new year.

Image source: Getty Images.

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Source Fool.com

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