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May 25, 2022

U.S. Voters

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Should You Invest In GameStop?

1 min read

Should you invest in GameStop given the recent price surge? John Iadarola and Dan Evans break it down on The Damage Report.

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Read more here: https://www.cnbc.com/2021/01/27/gamestop-jumps-another-50percent-even-as-hedge-funds-cover-short-bets-scrutiny-of-rally-intensifies.html

"Shares of GameStop surged again Wednesday, continuing the streak of wild swings for the stock as several high-profile short sellers said they had backed away from their positions.
The name closed at roughly $348 per share, up almost 135% from Tuesday’s close and giving the company a market cap of about $24 billion. The stock traded as high as $380 per share in premarket trading."

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