GameStop Stock Falls 10% in 3 Months: Time to Buy, Hold or Sell?
Key Takeaways GameStop stock dropped 10.4%, underperforming peers and trading below its 50 and 200-day averages. GameStop acquired 4,710 Bitcoin after Q1, signaling digital-focused investments. Shifts to digital gaming hurt hardware and software, which dipped 31.7% and 26.7%, respectively.GameStop Corp. (GME) has experienced a significant decline over the past three months, with its shares plummeting 10.4%, underperforming the Zacks industry's rally of 28.9%. The company also trailed the sector’s growth o ...