Games Workshop Stock Market Watch June 2023
Watching stocks over the short-term is often an experiment in futility. On April 14th 2022 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same.
In June 2023, I know it has been a few months, but it’s time to dive back into Games Workshop investment and stock news. The same old problems persist since the pandemic, with inflation and wars abound. On top of that, the effects of climate change have hit the summer in full force for much of the developed world. Against this backdrop, Games Workshop decided to release a new edition of Warhammer 40k in June, but they had bigger news…
Now, let us see how that news helped the stock…
Thanks to a Year End Trading update, Games Workshop has performed very well for the last 52 weeks, with great revenue and profits, which coincided with a spike in the stock price.
Thanks to this good news, Games Workshop’s year-to-date performance is looking fantastic as well.
The stock is up over 20% for the year, but it is still down 20% from its all-time highs back in 2021. Nevertheless, it has been a fantastic recovery, which mirrors the trend seen in many global stocks. Games Workshop achieved this by NOT laying off tons of people and still investing in the company while taking dividends whenever possible.
Here is the investor news for Games Workshop, June 2023…
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