Project- Identifying Company Strategy with Online Financial Chart Tools
One useful way to catch up on a company's strategy is to check out trends in its stock price, and the net otters many free tools. Type the stock ticker symbol for GameStop (GME) into the Google search bar to pull up current news about the company, including a graph of its share prices, from Google finance.
1. The letters on the graph tie to the news stories, and some of them have major effects on the company's stock. Change the graph to show 1 year of data by clicking 1y at the top left of the graph. Do you see any sudden changes in share price paired with a news story? Does the news shed light on how investors view its strategy or the execution of it?
2. One way to get an idea of how well the company is doing is to compare the trend in its share prices to the Dow Jones Industrial Average. Check the box next to Dow Jones at the top of the graph and compare the trends. How does GameStop's performance compare?