3 Ways GameStop Might Break Your Heart Tonight
The moment of truth is now a closing bell away for GameStop (NYSE: GME). The struggling retailer with a buoyant share price reports its fiscal fourth-quarter results at the end of Tuesday's trading. The look back won't be pretty. The look ahead will have to be everything.
There's been a lot of buzz swirling since the mother of all short squeezes in late January. Just when it seemed as if the party was over, with the stock falling 90% from its frenzied highs and volume drying up, GameStop speculators got their second wind. Will this second rally gain momentum? There's a lot to prove heading into the telltale financial update. Let's go over some of the reasons the market reaction might not be pretty.
Source Fool.com