GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?

Quick Summary:

The Federal Trade Commission (FTC) recently slapped a fine on CEO Ryan Cohen, adding fuel to the fire, and further stoking the volatility that GameStop stock investors are used to.

This legal hiccup hasn't exactly helped GameStop’s stock price, and it's left investors wondering whether this meme stock has run out of extra lives.

GameStop Stock Chart Bearish: More ‘Game Over’ Than ‘Level Up’?

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Meme Stock Pro Project Technicals US36467W1099 Benzinga Ryan Cohen GME Roaring Kitty Tech Keith Gill General Stories That Matter Top Stories Gaming Expert Ideas KeyProj Trading Ideas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 14:03:07 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22622819

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

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Year Established: 2010

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News Last Updated: 10 hours ago

Coverage Areas: United States

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Publisher ID: #53

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