Can GameStop's Stock Go Back to $300?! | Money Drama
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Welcome back to “Money Drama,” where our host Stock Will guides you through all the ups and downs, twists and turns, of last week’s markets. In a fresh episode, Stock Will talks about how GameStop shares fell by a whopping 33% earlier this week, after the company decided to blow up its current business model (brick-and-mortar sales) and pivot to e-commerce. In Stock Will’s opinion, the switch to an e-commerce biz is likely a result of the company seeing a 175% jump in digital sales last quarter. Plus, the company now has the former CEO of Chewy (a full e-commerce business) on its board of directors, which might have sparked additional pressure to make the jump to e-commerce. What do you think about GameStop’s new business model, and will it help the brand? Will we even miss the physical stores? And more importantly, how will the future of $GME stock be affected by this move? We have some ideas.... Want to see more content from Stock Will as he continues his epic investment journey? Follow him on socials: TikTok: @webainvestments Instagram: @stockwill For more from Bullish, follow us: twitter.com/bullishstudio instagram.com/bullishstudio Bullish is a conversation about money for the curious. Earn more, spend smarter and grow your money in a way that's right for you.