GameStop Corp. is a well-known American video game, consumer electronics, and gaming merchandise retailer. In the last 5 days, the GME stock has increased 10%. This is likely due to recent news that insider holder Alan Attal, an e-commerce executive and entrepreneur, sold 100 shares. This suggests that GME may be a good investment for those looking to buy and hold stock.
Looking to the future, GME appears to be well-positioned to continue to grow. The company is looking to expand its e-commerce capabilities and has recently announced a partnership with Microsoft to develop a cloud gaming platform. This could be a huge boost for GME as it would give them access to a larger customer base and increase their overall revenue. Additionally, GME is looking to increase their presence in the gaming industry, with plans for new store openings in 2021. All of these developments suggest that GME is a sound investment for those looking for growth opportunities in the gaming industry.