GameStop's stock is on fire once again and here's why
A year after the "meme stock" phenomenon, GameStop continues to perform far above investment experts' predictions.
by Jaclyn Diaz
Mar 30, 2022
2 minutes
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Investors in GameStop are back on board a volatile roller coaster more than a year after the so-called "meme stock" phenomenon nabbed headlines in early 2021.
While GameStop's recent highs are not nearly as close to the surge last year (when its stock hovered around $400 a share at one point), experts have said the company's stock price far exceeds what the retailer is actually worth.
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