Games Workshop Market Watch May 2020
Watching stocks over the short-term is often an experiment in futility; on April 2nd 2020 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same…
As global stock markets seem to be living in their own future realism of some sort, as the average human continues to struggle with the global pandemic. Games Workshop while locked down did its best with the hand that was dealt, and by the end of the month was able to start production again at their UK factory. Their stock responded accordingly.
How will any of this effect things going forward we will see, but for now let us look at how Games Workshop’s stock dealt with the month of May 2020.
May saw Games Workshop able to continue its recovery from March drops, especially with the announcement by the British government easing of worker guidelines. Putting May in the Year to Date data below you can see how the stock looks at the half way point in the year.
The Games Workshop stock is back into all time high range, pulling off an amazing recovery. June or July though will see a bi-annual report, so we will know exactly how much damage the pandemic inflicted on the company. Since most markets though are living in what seems like an alternative universe at the moment, I doubt it will have much effect on the overall performance of Games Workshop stock.
Games Workshop didn’t have much investor news of the month with only one major holdings change.
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