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GameStop Corp. (GME): A Bull Case Theory

We came across a bullish thesis on GameStop Corp. on Value investing subreddit by whatifweallwon. In this article, we will summarize the bulls’ thesis on GME. GameStop Corp.'s share was trading at $22.27 as of August 8th. GME’s trailing P/E was 42.02 according to Yahoo Finance.

[caption id="attachment_352628" align="aligncenter" width="750"] Minerva Studio/Shutterstock.com[/caption]

Gamestop (GME), once a dominant retailer in physical video game sales, saw its business erode as digital distribution replaced physical copies. After the 2021 meme stock frenzy, which catapulted...