Exclusive: How GameStop missed out on capitalizing on the Reddit rally
https://www.reuters.com/article/us-retail-trading-gamestop-capitalraise/exclusive-how-gamestop-missed-out-on-capitalizing-on-the-reddit-rally-idUSKBN2AB14F
GameStop Corp decided it could not seize on the Reddit-fueled rally in its shares to sell hundreds of millions of dollars worth of stock because of regulatory restrictions, according to three people familiar the U.S. video game retailer's internal deliberations.
Exclusive: How GameStop missed out on capitalizing on the Reddit rally
Feb 11, 2021, 11:33am UTC
https://www.reuters.com/article/us-retail-trading-gamestop-capitalraise/exclusive-how-gamestop-missed-out-on-capitalizing-on-the-reddit-rally-idUSKBN2AB14F
>GameStop Corp decided it could not seize on the Reddit-fueled rally in its shares to sell hundreds of millions of dollars worth of stock because of regulatory restrictions, according to three people familiar the U.S. video game retailer's internal deliberations.