GameStop Stock | +700% Growth EXPLAINED and Is it WORTH Investing?

GameStop stock made headlines with its meteoric rise on Jan 25 (which followed some gradual movement upward since beginning of the year) where it registered over +700% growth in intraday trading vs beginning of the year.

Question is: Why did GameStop stock price spike? Was there any fundamental change to the business where more value became more apparent? Was there significant positive news?

The answer is none of the above - and there's a far more INTERESTING explanation!

Stay tuned to this video as I walk through why GameStop stock price jumped, and based on its financials and forward looking business plan, whether it could be a worthwhile investment.

Links & Resources:
1. https://www.cnet.com/personal-finance/why-reddit-made-gamestop-and-blackberry-stock-suddenly-jump/
2. https://www.morningstar.com/stocks/xnys/gme/financials
3. https://news.gamestop.com/news-releases/news-release-details/gamestop-reports-third-quarter-results-positive-start-fourth
4. https://www.investopedia.com/terms/s/shortselling.asp

🔴 Subscribe and hit the notification bell for more content like this: https://www.youtube.com/channel/UCdANYtC42_zhnBPvvNGki1g?sub_confirmation=1

🎥Get the MOST Out of Online Learning: https://www.youtube.com/watch?v=hmJ1xHXYAu0&list=PL-sKbD96wzxdpmqqJbhDG1t2ul4kfRLCX
🎥Accelerate Your Career! https://www.youtube.com/watch?v=DP_dbFisw4Q&list=PL-sKbD96wzxdzpP7q9JzSv_9vrn9D833e
🎥Personal Finance: https://www.youtube.com/watch?v=RnYfNxPjn5k&list=PL-sKbD96wzxfExNekvOdNO6b7pcnhvwpW

Let's connect! https://www.linkedin.com/in/rwalls/
Learn more about me at https://therichardwalls.com/
📙Recommended Book List
I'm a big advocate of reading books and believe it's one of the least expensive ways to educate yourself on a variety of topics. Below is a collection of books I've read and enjoyed, and would recommend to anyone interested in business, finance, and entrepreneurship.
---------------------------------------------------------
💡Entrepreneurship
The $100 Startup: https://amzn.to/39OAyHq
Side Hustle: From Idea to Income in 27 Days: https://amzn.to/3jVkxns
100 Side Hustles: https://amzn.to/39Hhyu7
Zero to One: Notes on Startups, or How to Build the Future: https://amzn.to/2XbxWy9

💰Business / Investments
The Ascent of Money: A Financial History of the World: https://amzn.to/30gqxQ9
The Essays of Warren Buffett: Lessons for Corporate America: https://amzn.to/2CUtTQ0
How To Win Friends and Influence People: https://amzn.to/2XdpxKz
Security Analysis: Sixth Edition, Foreword by Warren Buffett: https://amzn.to/2X8Xpbh

💼Business Biographies
Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future: https://amzn.to/2XcvNlY
The Everything Store: Jeff Bezos and the Age of Amazon: https://amzn.to/2CUbWRz
Shoe Dog: A Memoir by the Creator of Nike: https://amzn.to/30gcpq6
Andrew Carnegie: https://amzn.to/3geu6M1
Titan: The Life of John D. Rockefeller, Sr.: https://amzn.to/3hSUbRu
The House of Morgan: https://amzn.to/30W3qJu
Sam Walton: Made In America: https://amzn.to/3fbHqQ1
The First Tycoon: https://amzn.to/3jVQR9X
🎥My Video Gear:
Galaxy Note 9 (video recording): https://amzn.to/33dHSLg
K&F Concept 62" Tripod: https://amzn.to/33dKTLA
Neewer Dimmable LED Light: https://amzn.to/3hT9NEw
Boya M1 Lavalier Mic: https://amzn.to/3hSRAa1
Ulanzi Camera Phone Mount: https://amzn.to/2XfL1Xk
NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links to purchase a product or service (at no additional cost to you).

DISCLAIMER: I am not a financial advisor. All videos created on this channel have been created for entertainment purposes only. Please inform yourself and do your due diligence before making any financial decisions.

This channel is all about helping you with professional branding, career development, and personal finance.

Видео GameStop Stock | +700% Growth EXPLAINED and Is it WORTH Investing? канала Richard Walls - Career Dev & Finance