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Wall Street expected $1 billion in sales, well above the estimated $882 million GameStop reported. The company expects net losses to be between $27 million and $37 million, narrowing from the $50. ...
Yahoo Finance's Julie Hyman, Brian Sozzi and Myles Udland break down GameStop's latest share sale plan. GameStop shares drop, company plans to offer $1B stock sale [Video] Skip to main content
GameStop did not disclose the price at which it sold the shares, but based on Reuters calculations, they were sold at an average price of $20.74 each. Its shares were currently trading at $21.93.
GameStop hit the jackpot. Roaring Kitty’s favorite meme stock walked off with a record $2.1 billion in gross cash—even adjusted for inflation, exceeding the amount it raised in two separate ...
Last month, GameStop sold 45 million shares, bringing in about $930 million in proceeds. The announcements came on the heels of the stock's 47% surge in the prior session after "Roaring Kitty ...
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A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
GameStop stock sank as much as 30% on Friday after the company filed to sell 45 million new shares of common stock and released preliminary financial results that revealed sales fell sharply from ...
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