Prediction: Down 66% From All-Time Highs, GameStop Could Be on the Verge of Going Parabolic. Here's the Catch Smart Investors Need to Know About Before Buying Shares Hand Over Fist.
GameStop stock has fallen from its peak days, but a sharp rebound could be on the horizon.
For the last couple of years, investors have become enamored by the skyrocketing share prices of companies such as Nvidia and Palantir Technologies. Prior to the artificial intelligence (AI) revolution, however, these two companies were seldom covered in financial news circles.
It was just a few years ago that gaming retailer GameStop (NYSE: GME) was all anyone on Wall Street was talking about. But today, with shares down by 66% from all-time highs, GameStop appears to be a relic of the past -- forgotten about amid blossoming opportunities in the world of AI.
Well, following some management changes over the last couple of years, GameStop has quietly been changing its strategy in hopes of once again winning over the investment community.
