Is the party over?-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Oldin
2021-04-12

Is the party over?

GameStop plunged more than 10%, GameStop Skeptic Warns That Reddit Rally Will Fade

(April 12) GameStop plunged more than 10%，GameStop Skeptic Warns That Reddit Rally Will Fade; Shares

GameStop plunged more than 10%, GameStop Skeptic Warns That Reddit Rally Will Fade

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Fanshuu
·2021-04-13
Have the party really started?
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- Fanshuu:
  Looks like the next party is here...
  2021-04-14
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- Oldin:
  hopefully some had fun when the party was still on.
  2021-04-13
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He warned clients in a note about the long-term prospects for the company as the market for new gaming systems matures after new launches from Microsoft Corp. and Sony Group Corp.</p>\n<p>The video-game retailer’s 741% surge this year through Friday’s close pushed its market value to $11 billion, however, Woo expects shares will tumble in the long run “to match its current weak results and outlook.” He trimmed his price target to $10 from $12, implying as much as a 94% drop from Friday’s close at $158.36.</p>\n<p>Shares of the Grapevine, Texas-based company reversed initial gains to slump as much as 11% at 9:58 a.m. in New York. 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