Author(s)

Yuchen Liu

Corresponding Author

Yuchen Liu

ABSTRACT

This essay explains and illustrates whether GameStop shares, as a typical meme stock, are overvalued. Under the situation of global recession, the share price of GameStop has experienced a rapid increase. Undisputedly, the unexpected change attracts the attention of investing public, which becomes the focal point in the whole financial market immediately.

KEYWORDS

Meme stock, Stock valuation, Fundamentals, Management, Behavioral finance