Reported 2 days ago
GameStop Corp. (GME) has recently improved its balance sheet through a stock offering, according to Jim Cramer. Despite this, the stock has reflected a year-to-date loss of 23%, largely due to a downturn in June. Cramer noted that while GameStop has transitioned into a cryptocurrency company, which is an improvement over its previous status as a declining gaming retailer, he remains cautious about its investment potential compared to other AI stocks.
Source: YAHOO