This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
How the tables have turned. GameStop shares were up a whopping 50 percent in early pre-market trading today, while the First Republic Bank (FRC) now threatens to crash the entire banking edifice. While it is generally not a good idea to compare stocks that are a part of fundamentally different industries, the contrast between GameStop and First Republic Bank does make for a very interesting analysis.
$GME earnings out! Q4 profits back!
Highlights- Profitable 4th quarter- SG&A down - Inventory levels down (focus on healthy inventory levels)- Cash at ~$1.4 billion- Completed majority of infrastructure upgrades
Nice pic.twitter.com/6M3E4ZKqyi
— The Gamestop ECOSYSTEM ♻️
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