financetom
Business
financetom
/
Business
/
GameStop Completes $2.14 Billion Share Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GameStop Completes $2.14 Billion Share Offering
Jun 11, 2024 2:07 PM

04:55 PM EDT, 06/11/2024 (MT Newswires) -- GameStop ( GME ) said Tuesday it completed an at-the-market offering of 75 million shares of its common stock, with gross proceeds of roughly $2.14 billion.

The net proceeds will be used for general corporate purposes, which may include acquisitions and investments, the company said.

Shares of GameStop ( GME ) rose more than 4% in after-hours activity.

Price: 31.87, Change: +1.38, Percent Change: +4.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved