Exclusive: How GameStop missed out on capitalizing on the Reddit rally

Exclusive: How GameStop missed out on capitalizing on the Reddit rally

3 years ago
Anonymous $K6XgmDN5_o

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.

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