What Business Appraisers Can Learn From the GameStop Saga

Business Valuation UpdateVol. 27 No. 4
April 2021
Joseph W. Thompson, CFA, ASA
guideline public company method
market approach, public company comparables, public company comps


The lesson for appraisers in this saga is to be aware of potential pricing issues when using guideline public companies in the Reddit orbit. In the short term, the underlying price may not be representative of its “fundamental value” during the volatile period.