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GME Store Closures? Cohen putting an end to the GME runup?
GME Store Closures? Cohen putting an end to the GME runup? Rumors have been swirling over on the r/Gamestop subreddit for over a month that GME may be announcing store closures on January 2nd or 3rd, 2025. The company also advised investors in it's most recent 10-Q that store closures coming up will be more than in previous years. Is there any truth to the speculation that there will be a store closure announcement next week? I can not say for sure - it is only speculation - but it IS worth knowing about for any risk management you may need to take. #TonyDenaro #GME #StoreClosures
Due Diligence Links:
1) Breitbart: https://www.breitbart.com/tech/2024/12/13/out-of-meme-magic-gamestop-announces-widespread-store-closures/
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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.
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