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Strategist on GameStop: 'I don’t see why this is a $90 stock' – Yahoo Finance

GameStop’s ugly fourth quarter and light-on-the-details earnings call are two of the latest examples why shares of video game retailer turned NFT marketplace probably doesn’t deserve to trade at the levels they do, argues one veteran strategist. “This is not a normal investing situation. There is nothing normal about this. So the stock is going to do what it’s going to do. My gut — based on my history of watching stocks like this — is they usually resolve themselves to where they should… Source link

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