A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021.shares were hopping once again on Tuesday as investors cheered a share sale by the controversial company, normally not the most bullish thing for a stock.
Despite the morning pop, Telsey Advisory Group says the meme stock is still an unattractive investment that hasn't given any clarity on its turnaround plan.
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Pro Telsey can be disregarded from here on out.
Pro The company doesn't even have a plan, because their business model is obsolete.