tuesday Feb 2 2021
Not the total disconnect between. thee stock price and the actual company.
The retailer reported a $19 million loss in the most recent quarter, even as the ongoing pandemic helped lift the overall industry to record highs. Sales have fallen for 10 of the past 11 quarters, with the most pronounced declines occurring in 2020, when the overall sector grew 26%, according to NPD Group. GameStop has not turned a profit since 2017 and has gone through five chief executives in that time. Its current CEO, George Sherman, who formerly led Advance Auto Parts and Best Buy Services, took over in April 2019.
https://www.sandiegouniontribune.com/business/story/2021-02-01/gamestop-struggles-to-stay-afloat-despite-stock-surge
the original book on this topic was written I believe in 1836 - 1842.
It details the Holland Tulip Bulb Craze in 1636, the South Sea bubble and mississippi schemes of 1720.
Read those stories at this link
https://en.wikipedia.org/wiki/Stock_market_bubble
nothing new under the sun.
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