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Here's how much money you'd have if you invested $1,000 in GameStop during last year's rally

Jan 19, 2022 0 comments

It's been a year since a group of amateur traders>Jan. 11, 2021

Price: $19.94

Redditors>Jan. 13, 2021

Price: $31.40

Just two days later, a similar $1,000 investment would still have gotten you a large return, but not nearly as big as it would have been had you been>Jan. 22, 2021

Price: $65.01

By Jan. 22, share value had more than tripled since the appointment of the new directors to GameStop's board and the stock was days away from becoming a full-blown frenzy.

If you invested $1,000 into GameStop at $65 a share, your investment would now be worth $1,675 — an increase of 67.5%.

Jan. 28, 2021 (Intraday)

Price: $483

The stock hit its all-time high during intraday trading>Jan. 28, 2021 (Close)

Price: $193.60

Even if you waited for shares to crash after the all-time high, you still would have lost money. A $1,000 investment at Jan. 28's closing price of $193.60 would have lost just under 50% of its value and would be worth $562.55 a year later.

Feb. 11, 2021

Price: $51.10

A few weeks after hitting its all-time high, shares of GameStop had settled down to just over $51, more than double what they were worth one month earlier.

If you had invested $1,000 in GameStop on Feb. 11, your investment would have grown to $2,121.31 by Jan. 18, 2022 — a return of 113%.

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