GameStop’s Wall Street Following Has Dwindled Amid Reddit Frenzy

GameStop’s Wall Street Following Has Dwindled Amid Reddit Frenzy

GameStop Corp. is heading into its first-quarter earnings report with half the number of analysts covering the stock than before retail traders helped fuel a quadruple-digit surge in shares.

The video-game retailer is currently covered by four analysts tracked by Bloomberg, down from nine analysts at the beginning of the year. As of Wednesday, GameStop has two hold and two sell ratings, according to data compiled by Bloomberg.

Telsey Advisory Group was the latest firm to walk away from the stock, discontinuing coverage of GameStop earlier this week. Analyst Joe …

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GameStop's Wall Street Following Has Dwindled Amid Reddit Frenzy

 

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