GME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying

Video game retailer GameStop stock (NYSE:GME) can’t win for losing. Not even its first profit in four quarters could turn the tide of negative sentiment positive. The stock is down 37% in 2024 and has lost its half value over the past 12 months.The stock sold off sharply after reporting fourth-quarter earnings late last month, wiping out all the gains made in the build up to the release. And it continues dropping in the aftermath. Now another executive is thrown out of the C-suite on his ear as executive ch ...