Games Workshop Market Watch February 2020
Watching stocks over the short-term is often an experiment in futility; on February 3rd 2020 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same…
Just when you thought things couldn’t get any worse for the World, in what seemed like an Asian only epidemic has now turned into a global pandemic, closing down much of the Western World, while in East is slowing crawling back to some sense of normal. While January saw the global markets thinking the contagion was contained, February was the month we will look back and think what we all could have done better.
Under that rosy preamble, lets take a look at our favorite miniature company stock as it responded to all the terrible news.
It is shows Games Workshop stock price down for once in long time, but as know no company is immune to the virus, leaving GW stock down over 7% for the February.
Lets put that into the perspective for the year, so far.
Surprisingly, Games Workshop stock is still higher than it was at the beginning of the year, but if you look at the day of this post that is certainly no longer the case. Nothing, but the virus no longer spreading can stop markets and Games Workshop stock from falling. At least England on paper has a medical system that should do better than most counties in containing the virus, but the interconnected global commerce supply chains will be feeling the virus effects for months and maybe years to come.
As for the rest of investor news from February, we only have one item to report.
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