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Fortune
Fortune
Chris Morris

Analyst blasts GameStop after meme stock surges on obscure Roaring Kitty post

(Credit: David Paul Morris/Bloomberg via Getty Images)

While retail investors might base their trades on memes posted by Roaring Kitty, a leading Wall Street analyst is warning investors that the company’s plan to return to growth is hopeless.

Michael Pachter of Wedbush, in a note to investors, harshly criticized the meme stock and its management, calling it overvalued and aimless.

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