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GameStop, Blockchain, NFTs, & Web 3.0 Games | GME Stock Analysis
GameStop shares lost their fun today as they took a dive in the deep end following a large miss on earnings. Now, GME, a favored name among the momentum trading crowd, is powering down after issuing mixed Q3 results while once again refraining from providing specific guidance. The wild volatility in GME's stock is not only a function of speculative trading activity but, it's also tied to the company's transformation process as physical game discs become increasingly obsolete. With GME badly missing on the bottom line, it's clear that the company's turnaround efforts exploring opportunities in blockchain, NFTs, and Web 3.0 gaming are still a work-in-progress.
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