
GameStop Completes ATM Equity Offering with Over $2B, GME Stock Jumps 22%
GameStop announced the proceeds from the ATM program will be used for general corporate purposes including strategic acquisitions and investments.
GameStop announced the proceeds from the ATM program will be used for general corporate purposes including strategic acquisitions and investments.
Amid the GameStop stock drama, a meme coin dubbed $GME has been making waves in the cryptocurrency market.
Prominent figures like Gurbacs are using this event to highlight perceived inconsistencies in regulatory practices.
Since the beginning of 2024, the GameStop stock has already surged by 68%, however, 60% of the gains have come after Gill posted on his social media platform.
The popular meme stock trader Keith Gill, alias Roaring Kitty revealed a GME stock portfolio of more than $110 million.
After almost three years of silence on social media, Gill has resurfaced on Twitter, sending the investing community into a frenzy.
GameStop gives CEO complete control to buy stocks from the company’s cash books, however, analysts have given a major red flag on this.
GameStop is committing to amassing more gains following the latest quarterly profit.
The GameStop Q3 2022 earning report showed poor figures that reflect reduced consumer spending on its products.
As GameStop surged in reaction to the stock split news, the company’s shares closed at $117.43.
Leading video gaming merchant GameStop reported a $158 million net loss for Q1 2022 and now looks ahead toward NFT opportunities.
During its Q4 2021 earnings call in March, GameStop revealed its inventions to roll out an NFT platform.
Meme stocks GameStop and AMC closed higher on Thursday after initially spiking higher during the intraday trading session.
GameStop plans to propose a stock split of company shares to its shareholder base in order to attract more retail investors.
GameStop announced it intends to launch a marketplace for non-fungible tokens by the end of the second quarter of the fiscal year 2022.