GameStop’s Stock Squeeze Had Zero Affect On Foot Targeted traffic Tendencies

Even during a pandemic, could a stock’s 1,500% surge lead to some excess foot targeted traffic? The shorter-masking fiasco viewed in GameStop Corp.’s (NYSE: GME) inventory appears to have very little to no impact.

a sign above a store

© Provided by Benzinga

Placer.AI’s GameStop Facts: Shares of GameStop traded close to the $500 per share mark on Jan. 28, but foot traffic trends at GameStop stores nationwide had been worsening, according to details provided to Benzinga from foot targeted visitors analytics firm


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Weekly visits at GameStop retailers for the week of Jan. 4 had been down 12.5% 12 months-over-year.

Site visitors developments deteriorated by means of the end of the month, as visits were down 16.1% 12 months-in excess of-yr the subsequent 7 days and down 19% the week thereafter.

Coinciding with the peak of GameStop’s inventory, traffic was down 20.3% yr-above-year for the 7 days of Jan. 25, according to’s data. For the entire thirty day period of January, regular monthly visits were being down 16.8% year-in excess of-yr.

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Gravy Analytics On GameStop: Info from Gravy Analytics, a provider of serious-entire world location intelligence knowledge, sales opportunities to a identical conclusion: GameStop’s soaring inventory experienced no affect on foot traffic traits.

GameStop’s foot traffic traits briefly trended earlier mentioned zero all through the holiday break year, but any 12 months-around-year gains were quick-lived, in accordance to information presented to Benzinga.

GameStop’s targeted traffic trends amid the stock’s peak ended up down from the prior week.

For the 7-working day period setting up Jan. 17, weekly visits have been down 34% from the prior interval.

Time will explain to if GameStop’s similar-retailer revenue or e-commerce income will have observed an effects from the stock surge.

GameStop did not answer to requests for comment for this story.

Photo by Mike Mozart by means of Wikimedia.

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