Why Jim Cramer ‘Genuinely’ Believes GameStop Stock Can Move Higher

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GameStop  (GME) - Get Report stock fell Thursday after the company reported a narrower than expected first quarter loss and added two former Amazon executives to the C-Suite. The company also announced plans to sell another 5 million shares and disclosed a request from the Securities and Exchange Commission on May 26 for a "voluntary production of documents."

However, Cramer took to Twitter to tell his followers that GameStop isn't an earnings story. As he has been for months, Cramer is still focused on seeing a full turnaround plan for the video game retailer.

Despite his frustration with a lack of details, Cramer told Action Alerts PLUS senior analyst Jeff Marks that he “genuinely” thinks there’s a path for GameStop to move higher. 

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