GME Down 23% In A Month. History Shows It Can Get Worse.
- GME has experienced significant declines in the past, plummeting 72% during the Global Financial Crisis and nearly 88% during the Covid pandemic, frequently surpassing the drop of the S&P 500.
- Recovery takes time. GME took approximately 34 months to recover from the Dot-Com Bubble, 148 months after the Global Financial Crisis, and around 17 months following the 2018 Correction and the Covid Pandemic.
- The recent Inflation Shock saw GME fall 88%, and it is yet to recover.
GameStop Stock Performance In Market Crashes:
| GME | S&P 500 | |
|---|---|---|
| Dot-Com Bubble | ||
| % Change from Pre-Recession Peak | -35% | -37% |
| # of Months for Full Recovery | 34 | 69 |
| Global Financial Crisis | ||
| % Change from Pre-Recession Peak | -72% | -57% |
| # of Months for Full Recovery | 148 | 49 |
| 2018 Correction | ||
| % Change from Pre-Recession Peak | -88% | -20% |
| # of Months for Full Recovery | 17 | 4 |
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -88% | -34% |
| # of Months for Full Recovery | 17 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -88% | -25% |
| # of Months for Full Recovery | Yet to Recover | 15 |
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