GME Stock Market Watch: Know the History
An Overview of GME Stock Performance
On January 28, 2021, GME, the video game retailer, reached its all-time high at an astounding USD 12075. However, it has since experienced significant volatility and is currently trading at a substantially lower level.
Market Cap and Volume
As of May 14, 2023, GME's market capitalization stands at 6898 million USD, with a trading volume of 3853 million shares. The stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "GME."
Historical Performance
GME's all-time low was recorded at USD 064. The stock has witnessed significant fluctuations over the years, including a notable spike in early 2021 driven by retail investor enthusiasm. However, it has since corrected and is currently trading well below its all-time high.
Current Outlook
The outlook for GME remains uncertain. The company faces challenges, including intense competition from online retailers and changing consumer behavior. However, it is also implementing strategic initiatives to transform its business and capitalize on emerging opportunities.
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