GameStop plans $1 billion stock sale, shares slide

GameStop plans $1 billion stock sale, shares slide

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-gamestop-stocks/gamestop-plans-1-billion-stock-sale-shares-slide-idUSKBN2BS0SN

GameStop Corp shares fell 12% on Monday after the video game retailer said it may sell up to $1 billion worth of stock as it takes advantage of a dizzying rally in its shares this year on the back of a Reddit-driven retail trading frenzy.

GameStop plans $1 billion stock sale, shares slide

Apr 5, 2021, 12:28pm UTC
https://www.reuters.com/article/us-gamestop-stocks/gamestop-plans-1-billion-stock-sale-shares-slide-idUSKBN2BS0SN >GameStop Corp shares fell 12% on Monday after the video game retailer said it may sell up to $1 billion worth of stock as it takes advantage of a dizzying rally in its shares this year on the back of a Reddit-driven retail trading frenzy.