Games Workshop Stock Market Watch March 2023

by | Apr 13, 2023

Watching stocks over the short-term is often an experiment in futility. On March 16th 2022 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same.

In March 2023, what should have been just another month of inflation talk turned into a dramatic bank run freak-out, thanks to loud tech investors making sure their money wouldn’t be lost due to the collapse of SVB. The following collapse of a few other banks around the world led central banks to go right up to the “Bailout” threshold to prevent a hype-induced contagion from infecting the global banking system.

This, of course, meant a run on stocks across the board for most of the month. Would Games Workshop stock get caught in the made-up hysteria? Well, let us see…

Predictably, Games Workshop did get hit when doom and gloom abounding in the markets, but was it from the bank crisis or just general London Stock Exchange forces? Anyone’s guess, but as you can see, the stock rebounded thanks to a double whammy of news drops.

But before we get to that news, let’s see how the stock is faring for the year so far.

The march rally has Games Workshop’s stock price at an all-time high for the year. This was thanks to the announcement of Warhammer 40k 10th edition, but also the news of another dividend going out in early April. This should be the last dividend at least until June when we get the next earnings report from Games Workshop.

Here is the investor news for Games Workshop, March 2023…

https://investor.games-workshop.com/news-posts/tradingupdateanddividend240323
https://investor.games-workshop.com/news-posts/dividendupdate240323
https://investor.games-workshop.com/news-posts/directorshareholding240323
https://investor.games-workshop.com/news-posts/holdingsincompany300323
 
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