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Stock impact report

GameStop's Turnaround Is Working [Seeking Alpha]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Seeking Alpha
GME improved margins and operating income by closing underperforming stores and reducing SG&A, but overall revenue is declining. Despite strong cash reserves and defensive positioning against short sellers, GME trades at a significant premium to peers. I estimate GME is slightly overvalued, projecting 14% downside; I rate the stock a hold. Aziz Shamuratov /iStock Editorial via Getty Images My thesis for investing in GameStop ( GME ) is that its pivot into collectibles succeeded. This store was originally a place where you could trade in video games, and it still is. But now, it's also This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any compa Show less Read more
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