The Dow Jones Industrial Average rose Tuesday on U.S. election day. Nvidia jumped after introducing a new chip that can be exported to China. Read More...
Investor’s Business Daily
GameStop’s Cash Runs Out In A Year (And One Meme Stock Is Worse)
GameStop certainly has some loyal investors. The struggling online retailer only has enough cash to carry it about a year at is burn rate the past 12 months, putting it in a tougher financial spot than nearly all meme stocks, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. Just one other company in the Roundhill Meme ETF, ailing exercise company Peloton Interactive, is on pace to run out of cash faster.
