“GME & EBAY Saga "Not Over:" Lisa Martin on Acquisition Talks, Earnings”
GME is an interesting watch due to Ryan Cohen's shift toward profitability and collectibles, creating a hybrid retail/investment model that defies traditional analysis.
Let's talk a little about "Game Stop". GameStop has somewhat confused me with the way the earnings were released. The stock does not move as much as it used to in the past. It has dropped by about 90 basis points.
And now, Lisa, their net sales have already dropped by approximately 19% to 20%. So, there are still ongoing conflicts, but I noticed a 57% increase in holdings. So, there are some bright spots here as well.