) are falling after the company announced it will sell 75 million class A shares of its stock. In addition, popular social media meme stock investor Keith Gill is set to host a YouTube livestream on Friday at 12 p.m. EST to discuss the stock.joins Catalysts to break down the movements behind the meme stock and what it means for the company moving forward.The company announcing plans to sell up to 75 million more shares also releasing earnings early.
Now, this all comes hours before that youtube channel believed to be linked to retail trader and investor Keith Gill uh announced that uh that live stream is going to be happening today at noon.Net sales dropped 29% year over year to 880 $2 million for the quarter versus estimates for 995 million a loss per share came in at 12 cents versus estimates for a loss of nine cents per share.
Now a lot has been said about whether what Keith Gill uh if it's him uh post these postings, whether these are legal or not, we have spoken to experts uh about this.
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