Memestock Traders React to GameStop's Unexpected Comeback
Video game resale retailer GameStop has seemed like its been drowning for some time now as video game fans have moved mostly to buying digital products, leaving the chain desperate for a solution to remain relevant. GameStop reported its fourth-quarter results on March 21, 2023, and the company's net income of $48.2 million delivered a shock to the market. DON'T MISS: How Is the Bank Stock Crash Like the GameStop Meme Mania of 2021?