GameStop Rises 1% (GME)

If you are looking for a place to hide out in this market, GameStop GME is one stock that might offer some upside. The shares have risen 1% to $20.00 on Tuesday in a very weak broad market tape. GME is very cheap using traditional valuation metrics, and some value investors might find the name compelling.

The company, however, has been having operational difficulties and the stock has a very large short interest. The company will be reporting earnings on March 24th, and could be setting up for a significant move.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Intraday UpdateMoversComputer & Electronics RetailConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!