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GameStop: Progress Isn't Enough To Justify Catching This Falling Knife (NYSE:GME)

Summary by Ground News
GameStop's stock has plummeted 21.4% since September and 82.9% since January 2021, while the S&P 500 has risen. The company's revenue has declined, with weakness across all major product categories. Despite cost reductions and improved profitability metrics, GameStop's cash flows are not enough to justify its current market value.

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  • 100% of the sources lean Right
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Seeking Alpha broke the news in United States on Thursday, December 7, 2023.
Sources are mostly out of (0)