GameStop Shares Surge 24% After $933 Million Stock Sale Completion
TL;DR Summary
GameStop shares surged over 20% after the company announced it raised approximately $933 million from selling 45 million common shares in an "at-the-market" offering. Despite a recent decline, the stock is up more than 90% for the month, driven by renewed interest in meme stocks and social media activity from Roaring Kitty.
- GameStop shares rise 24% in premarket trade after $933 million stock sale CNBC
- GameStop shares soar on completion of $933 million stock sale after meme frenzy MarketWatch
- GameStop Stock Jumps After Videogame Retailer Raises $933 Million The Wall Street Journal
- GameStop, Nvidia, Apple, DraftKings, Cava, and More Stock Market Movers Barron's
- GameStop surges after fetching $933 mln from stock sale Reuters
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
77%
231 → 52 words
Want the full story? Read the original article
Read on CNBC