NYSE:GMESpecialty Retail
A Look At GameStop (GME) Valuation After Record Earnings And New US$2b Share Buyback Plan
GameStop (GME) just reported its highest quarterly net income in company history, driven by collectibles, and announced a new US$2b share repurchase plan running through 2029 that caught investors’ attention.
See our latest analysis for GameStop.
After an initial jump on the earnings and buyback headlines, momentum has cooled, with the 30 day share price return down 13.39% and the 1 year total shareholder return down 25.44%. That mix of short term excitement and longer term weakness suggests...