GameStop shares jump more than 30% after $933 million stock sale
Publishing timestamp: 2024-05-28 11:59:07
Summary
GameStop announced making $933 million from stock sale, causing shares to rally. The stock had previously fallen but is still up over 110% for the month. The sale was an "at-the-market" offering and came after the social media account Roaring Kitty, involved in the 2021 short squeeze, posted online again.
Sentiment: MIXED
Tickers: GME,
Keywords: retail investors, investment strategy, markets, meme stocks, business news, stock markets, breaking news: markets, breaking news: investing, gamestop corp,