After Gamestop's 368% Rally, Is This as Good as It Gets?
GameStop (NYSE: GME) has come back strong after its dismal fourth-quarter earnings report in late March led the stock all the way to a low of $2.57 per share. The pandemic, it turns out, was a saving grace for the video game retailer.
With everyone locked down at home with nothing to do, playing video games was a key form of entertainment, and GameStop's e-commerce platform showed it just might be able to survive in a digital and online gaming world.
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Source Fool.com
