GameStop Raises $2.14 Billion Amid Roaring Kitty-Fueled Retail Trading Frenzy usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than 5% on the news before reversing course to fall 1.6% in volatile extended trading. On a livestream on Friday with more than 600,000 viewers, Gill, the key figure behind an eye-popping rally in the struggling company's stock in 2021, joked about memes and interspersed his discussion of GameStop with various disclaimers. GameStop said it sold the maximum amount of 75 million shares registered under the program.
GameStop said on Tuesday it had completed an at-the-market equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill s first.
GameStop said on Tuesday it had completed an at-the-market equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill s first.
(Reuters) - The United Auto Workers union said on Monday it had reached a tentative agreement over a new contract with Ultium Cells in Lordstown, Ohio, where workers build EV batteries for vehicles of General Motors. Ultium Cells is a joint venture.