GameStop Corp.(GME) is a stock of interest due to it’s movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about GME. We will be studying the movemnt so you can make the best descision as an investor.
First, we should get to know the company in discussion today. Here is a little about them:
GameStop Corp. engages in the retail of multichannel video game, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, and Europe. The United States segment includes the retail operations and electronic commerce websites http://www.gamestop.com and http://www.thinkgeek.com, Game Informer magazine, and Kongregate. The Canada segment comprises of retail and e-commerce business. The Australia segment refers to the retail and e-commerce operations in Australia and New Zealand. The Europe segment pertains to the retail and e-commerce operations in the European countries. The company was founded by Daniel A. DeMatteo in June 2000 and is headquartered in Grapevine, TX.
The stock has moved downwards today by 1.72%. The high for today is 218.88 and today’s low is 198.11. This information is critical in deciding whether this investment is risky or safe. We can see since the stock is trending downwards which means that the volume of people selling this stock is greater than people who are buying it. Next we will be going over the forecast.
As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for GameStop Corp. is 55.00 and the low forecast is 3.50. We can also get a look into the future by looking at past trends. Looking at GameStop Corp.’s 5 year movement it seems it has grown 568%.
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