'Big Short' Michael Burry Bullish on GameStop (GME) - Barron's
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Price: $18.06 -0.82%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 13.9%
EPS Growth %: -24.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 13.9%
EPS Growth %: -24.0%
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GameStop (NYSE: GME) shares will be on watch Thursday following reports from Barron's that 'Big Short' investor Michael Burry is long the embattled video game retailer.
"GameStop's "balance sheet is actually in very good shape," Burry told Barron's Tae Kim. "I believe they will have the cash flow to justify a much higher share price."
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