GameStop Corp. (GME) cleaned its balance sheet, says Jim Cramer


Recently released Gim Kramer’s heart gives up on becoming a chair with 10 strains raised.. Gamestop Corp. (NYSE: GME) is one of the stocks that Jim Kramer has recently discussed.

The original Meme stock, Gamestop Corp. (NYSE:GME), has seen a 3.8% increase in stock in Meme Stock Mania, bringing some stocks up to 97%. From the start of the year, stock prices lost 23%, mainly in the back of a massive 26.6% drop in June. Shares in GameStop Corp. (NYSE: GME) fell as the company announced plans to provide a major convertible. Cramer’s previous comments state that it is now a completely cryptocurrency company. This is not a huge achievement, despite being superior to brick-and-mortar video game retailers operating in a digitally driven market. This time he commented on the balance sheet for GameStop Corp. (NYSE: GME).

“GameStop was able to provide inventory and clean up the balance sheet.

GameStop Corp. (GME) cleaned its balance sheet, says Jim Cramer
GameStop Corp. (GME) cleaned its balance sheet, says Jim Cramer

Previously, the CNBC TV host commented on Gamestop Corp. (NYSE:GME) business model.

“After the end, we hear from GameStop, which does all the encryption. It’s far better than the gaming retailer of secular decline, but I haven’t said that much. So you can see the cryptography. People will ring around about Crypto costumes that might not look otherwise.

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Read next: 30 stocks that double in three years and 11 Hidden AI Strains Buy Now.

Disclosure: None. This article was originally published Insider Monkey.

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