Why Shorting GameStop Remains a High-Risk Bet

GameStop Corp. (GME, Financial), once emblematic of the retail sector's struggles, has executed a turnaround that defies conventional expectations. Guided by an unorthodox CEO and largest shareholder, the company now boasts a balance sheet fortified with cash and minimal debt. This remarkable shift has been driven by what could be one of the most significant fundraising efforts in stock market history. In this analysis, I will delve into GameStop's transition from pandemic-induced turmoil to a robust financ ...