Games Workshop Stock Market Watch December 2022

by | Jan 11, 2023

Watching stocks over the short-term is often an experiment in futility. On December 21st 2022 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same.

In December 2022, to say global stock markets underperformed would be an understatement, as things went from bad to worse, with inflation and the ongoing situation in Ukraine hanging over everything. We can expect some bad 4th quarter reports ahead, as consumers pulled back from what is typically the most important month of the year for retail companies.


However, Games Workshop threw some major curveballs to head off any bad news, and you will see that reflected in the December stock price, which bucked global trends.

The reason for this is pretty straightforward: GW announced a partnership with Amazon and Henry Cavill to produce shows and movies using their IP, and as a result, the stock rose almost 30%.

Now let us see how the stock ended the year overall. Games Workshop did a fantastic job clawing its way back, only ending up down about 25% for the year, while many other stocks, including blue-chip stocks, were down over 50%. Games Workshop’s stock will remain volatile, as they have a year-end report to make in January, along with any other progress on the Amazon deal. Overall, GW is still in a strong position, especially comparatively to other English brands and companies.

With that, here is the December 2022 investor press release.

Half Year Trading Update

Appointment of Chair

Agreement in principle to develop film and TV




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