Gamestonk!

In this note by Nuclo Independent CIO’s head of global equities Claudio Brocado, we discuss some of the lessons we are still learning from the unfolding GameStop saga. Arguably the biggest story so far in global equities in 2021, it highlights a new phenomenon with still evolving implications. Following the so-called mother of all short squeezes, the stock of the struggling retailer of videogames has come back to earth. Going forward, the fundamentals (which may be changing dramatically due to key innovators joining the management team) will play a bigger role in this ever-changing story…