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Stock impact report

‘GameStop in 2026': How silver market has morphed into meme trading [CNBC]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: CNBC
Michael Antonelli, market strategist at Bull and Baird: “How is Silver different than, say, GameStop?” “Silver has just become retail's new [favorite] toy,” Vanda analyst Ashwin Bhakre. In this article A vendor shows various models and weights of silver bullion at a gold jewellery manufacturer in “El Sagha”, as gold prices recorded an increase after a devaluation of the local currency, at the gold market area in Cairo, Egypt January 14, 2024. Amr Abdallah Dalsh | Reuters Silver's rapid surge and equally dramatic reversal in recent weeks has led market watchers to ask a fundamental question: when does an asset stop trading on fundamentals and start behaving like a meme? The volatility in silver prices has drawn growing comparisons to meme stocks such as GameStop, the video-game retailer that became a global phenomenon in 2021 after retail traders on Reddit piled in en masse, sending its shares soaring far beyond what traditional valuation models could justify. Meme stock Show less Read more
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