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News  ›  The Motley Fool

This Meme Stock is Down 28% Year to Date, and Just Keeps Falling

The Motley Fool Logo The Motley Fool By Matthew Nesto
This Meme Stock is Down 28% Year to Date, and Just Keeps Falling

GameStop continues to struggle with stock performance, down 28% year-to-date and 80% from its 2021 peak, despite some positive earnings indicators and a significant cash reserve.

Insights
GME   negative

Stock is down 28% year-to-date, 80% from 2021 peak, trading at higher P/E ratio than midcap index average, with no analyst coverage and ongoing market uncertainty