Quote:
Originally Posted by canprime
What's even sadder is the stock price for GameStop (EB parent company). The price has gone so high based on nothing. It is believed that a Reddit sub group has been pumping up the idea of buying, causing the price to be hyperinflated.
So while the reality of the company is just what you said, lots of closings, the typical detached from reality market just keeps going. It is going to get real ugly soon if they can't find a new revenue stream soon.
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They've been consistently overpricing a lot of things in their stores. Not necessarily transformers, but general toys/collectibles they sell. This is the market catching up with them. Covid isn't making it worse for them, but their pricing is the main thing.
