I mean they MAY have cash on hand but looking at revenue is different. I may have 100k in the bank but if I’m unemployed and have no income that won’t last long. They need a source of income and with most game purchases going online that won’t work so they need something else.
Ebay is probably too big of a target for them though…
Really? Not just stock price goes up but actual profit? I know they went into funko pops and such but surprised that can cover the cost of their stores and land…
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I mean they MAY have cash on hand but looking at revenue is different. I may have 100k in the bank but if I’m unemployed and have no income that won’t last long. They need a source of income and with most game purchases going online that won’t work so they need something else.
Ebay is probably too big of a target for them though…
They’ve posted several back to back profitable quarters if I’m not mistaken.
Really? Not just stock price goes up but actual profit? I know they went into funko pops and such but surprised that can cover the cost of their stores and land…
Unless I’m reading this chart wrong, yeah:
https://www.macrotrends.net/stocks/charts/GME/gamestop/eps-earnings-per-share-diluted
Interesting, seems to be very volitile but still looks overall profitable. I’m surprised, thanks for the information.