GameStop Shares Surge 18% on $933M Market Sale
Posted on AllSides May 24th, 2024
From The Right
The struggling videogame retailer had earlier this month said it would sell shares to take advantage of the retail buying frenzy sparked by the return of "Roaring Kitty" Keith Gill, whose bullish calls on the company spurred the 2021 meme stock rally.
The company said it will use the shares for general corporate purposes.
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