What is the highest stock price at GameStop?
347.51 U.S. dollars perStocks of video game retailer GameStop exploded in January 2021, effectively doubling in value on a daily basis. At the close of trading on January 27, GameStop Corporation's stock price reaching 347.51 U.S. dollars per share - or +134 percent compared to the day before.
How high is GameStop stock predicted to go?
Stock Price Forecast The 3 analysts offering 12-month price forecasts for GameStop Corp have a median target of 110.00, with a high estimate of 121.40 and a low estimate of 30.00.
What was GameStop market cap at peak?
Historical Market Cap DataDateValueJune 03, 202210.18BJune 02, 202210.20BJune 01, 20229.242BMay 31, 20229.496B21 more rows
How is GameStop stock still high?
The Ape Buzz Continues Since GameStop investors kicked off the meme stock frenzy in early 2021, share prices have remained sky high. That's because the GameStop "apes" — as members of meme stocks' cult-like followings are called — are stubbornly holding onto the stock.
Is GameStop a good buy?
Gamestop (GME) stock is likely to decline after the current overheated rally. The stock can still be profitable in the long term if revenue growth stays consistent. But investors should avoid buying GME stock due to the high short-term risk.
What will GME be worth in 5 years?
Based on our forecasts, a long-term increase is expected, the "GME" stock price prognosis for 2027-06-16 is 434.889 USD. With a 5-year investment, the revenue is expected to be around +210.01%. Your current $100 investment may be up to $310.01 in 2027.
How much did GameStop surge?
GameStop shares surge more than 100%
What was Gamestops market cap in 2020?
GameStop's annual market cap increased from Jan. 2020 ($247 Mil) to Jan. 2021 ($21,223 Mil) but then declined from Jan.
Is GameStop stock overvalued?
GameStop's stock is substantially overvalued at current trading levels based on any reasonable assessment of business value.
How high can a short squeeze go?
If you short a stock at $10, it can't go lower than zero, so you can't make more than $10 per share on the trade. But there's no ceiling on the stock. You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.
Did GME short squeeze?
While many stocks in the market have been struggling — especially in growth — GameStop (NYSE:GME) hasn't been one of them. That's ironic, as most of last year's short-squeeze candidates have rolled over in tremendous pain. And while GME stock also suffered a large drop, it's been on the move lately.