GameStop saga won't have happy ending -wealth manager

12,925 次觀看・5 個月前

STORY: The highly volatile meme stock plunged after Gill's first livestream in three years on Friday (June 7), but pared some of those losses Tuesday, closing up nearly 23%.

Speaking with Reuters' Lisa Bernhard, Orczyk Sissel reminded investors that hours before Gill's appearance the video game retailer "unexpectedly, preemptively reported worse-than-expected earnings and guidance."

"There's not a lot of positive story here," she said, adding that "if you're buying into [the stock] because Keith Gill owns it," that's probably "not the best reason."

Orczyk Sissel also discussed why it took a day for investors to snap up shares of Apple, after the stock slipped Monday despite the tech giant's unveiling of its AI plans.

She also explained why the latest inflation data, coming Wednesday in the Consumer Price Index report, will be "interesting" given some "concerning" factors that could cause the inflation rate to remain sticky.