October 18, 2024

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

 GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

The retailer announced it completed an at-the-market equity offering, selling the maximum number of 75 million shares to raise proceeds of $2.14 billion.