How Gamestop is still in business stuns me. Every metric says that thing should have gone under 10 times over by now.
I've wondered that myself, and when I saw this news I went how in the fook are they going to pull that off?
I see a massive debt transfer in someone's future.
Massive retail investor bailout. The whole GameStop stock even from a few years ago gave them a huge amount of working capital. Basically turned it into a mini hedge fund due to how fucked the short sellers were and still are.