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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.
On July 6, 2022, GameStop announced that it would conduct a four-for-one stock split. Investors who owned Class A common stocks by market close on July 18, 2022, would receive three additional ...
The GameStop mania that drove its stock above $120 a share, ... GameStop shares hit an all-time high of $120.75 intraday, adjusted for a subsequent 4-for-1 stock split in the summer of 2022.
In July 2022, GameStop — the fairy-tale stock at the center of history’s greatest short squeeze — announced a 4-for-1 stock split. That’s just one of many tech-related splits that have ...
GameStop is making significant changes to its workforce, including laying off staff and investing in store managers and employees, according to an internal memo and a source familiar with the matter.
The split comes at a time when GameStop shares have slumped 20% this year, mirroring a fall in other pandemic darlings as fears of a recession slammed risk assets. GameStop jumps as stock split ...
Shares of GameStop Corp rose nearly 5% in premarket trading on Thursday after the video game retailer announced a four-for-one stock split in an attempt to revive retail interest that has waned ...
The move comes after retail investor interest in so-called 'meme stocks' flared up in the last two weeks, leading to a doubling in GameStop's share price to $166.58. A stock split makes shares ...