GameStop Is ‘Very Early in Its Transformation.’ Its Stock Could Tumble.

As this twelvemonth comes to an end, arguments astir whether to bargain oregon merchantability highflying meme banal GameStop haven’t changed. It’s inactive a question of content successful what the videogame retailer could go versus what it presently is. But trying to quantify the erstwhile results successful a banal that is worthy a fraction of what it is now, according to 1 analyst.

GameStop (ticker: GME), the archetypal meme stock, has been 1 of the champion performers this year. Its shares person gained 707% to $152.14 successful 2021, easy outpacing the S&P 500’s 26% rise...