to sell up to 3.5 million shares as the video game retailer looks to take advantage its stock surge following a Reddit-driven trading frenzy earlier this year.
GameStop said it would use the proceeds from the share offering to speed up the shift in its business model to e-commerce, a plan that is being led by a top shareholder and board member Ryan Cohen, co-founder of online pet retailer Chewy. GameStop closed Thursday at $191 per share. It traded as high as $483 in late January. Before the Reddit trade took hold, the stock began the year under $20.
How y’all employees of sleep at night, knowing that pure shit you’re spreading on your Channel? SaveAMC $AMC $GME AMC GME Shitadel HODL amcstock gmestock WSB Wallstreetbets
From CNBC? Nah thanks, I don’t need your bs bought “info”. Wanna push some more of that sweet discovery? Oh wait that didn’t go well...
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