Alert: Major Price Advance (11/28/23)-GameStop Corp. (NYSE: GME).


On 11/28/23, GameStop Corp. (NYSE: GME) stock enjoyed a major increase of 13.3%, closing at $13.49. Relative to the market the stock has been weak over the last nine months but has risen 3.5% during the last week.


Current PriceTarget Research Rating

GME’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

GameStop has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. GameStop has a poor Power Rating of 27 and a very low Appreciation Score of 15, and the Lowest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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