Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: Investors in GameStop are back on board a volatile roller coaster more than a year after the so-called “meme stock” phenomenon nabbed headlines in early 2021. While GameStop’s recent highs are not nearly as close to the surge last year (when its stock hovered around $400 a share at one point), experts have said the company’s stock price far exceeds what the retailer is actually worth.

Source: NPR.org

Date: Mar 30, 2022

Link: https://www.npr.org/2022/03/30/1089690844/gamestop-stock-reddit-surge-cohen-to-the-moon-meme

Questions for discussion:

  • What does this article say about how the stock value has behaved and why?
  • What does the report imply about the value of any stock?
  • What are the risks related to investing in this stock at this time?

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