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Is it Time to Dump GameSquare Holdings Inc (GAME) Stock After it Has Fallen 9.94% in a Week?

Friday, November 10, 2023 02:27 PM | InvestorsObserver Analysts

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Is it Time to Dump GameSquare Holdings Inc (GAME) Stock After it Has Fallen 9.94% in a Week?

GameSquare Holdings Inc (GAME) stock is down 9.94% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
GameSquare Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GAME!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With GAME Stock Today?

GameSquare Holdings Inc (GAME) stock is trading at $1.63 as of 2:16 PM on Friday, Nov 10, a gain of $0.02, or 1.24% from the previous closing price of $1.61. The stock has traded between $1.53 and $1.69 so far today. Volume today is less active than usual. So far 24,043 shares have traded compared to average volume of 44,352 shares. To see InvestorsObserver's Sentiment Score for GameSquare Holdings Inc click here.

More About GameSquare Holdings Inc

GameSquare Holdings Inc. (TSXV:GAME) (NASDAQ:GAME) is a vertically integrated, international digital media, entertainment and technology company, which leverages an audience of over 290 million followers. GameSquare's leading audience and platform enables global brands to connect with gaming and youth culture audiences. GameSquare's end-to-end platform includes Code Red Esports Ltd., an esports talent agency serving the UK, GCN, a digital media company focusing on the gaming and esports audience based in Los Angeles, USA., Zoned, a gaming and lifestyle marketing agency based in Los Angeles, USA, Complexity Gaming, a leading esports organisation operating in the United States, Fourth Frame Studios, a multidisciplinary creative production studio, Mission Supply, a merchandise and consumer products business, Frankly Media, programmatic advertising, Stream Hatchet, leader in live gaming and esports streaming analytics, and Sideqik a social influencer marketing platform Click Here to get the full Stock Report for GameSquare Holdings Inc stock.

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