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Meme stock GameStop climbs after raising $933 million in share sales

:GameStop jumped 14 per cent on Tuesday after the struggling video game retailer said it had raised $933 million by cashing in on a rally in the meme stock earlier this month.The company's shares surged nearly six times their value in the first two weeks of May, partly fueled by the re-emergence of "Roaring K

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GameStop stock climbs after raising $933M in share sales | Honolulu Star-Advertiser

GameStop stock climbs after raising $933M in share sales | Honolulu Star-Advertiser
staradvertiser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from staradvertiser.com Daily Mail and Mail on Sunday newspapers.

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Stock Value For GameStop Rises After It Sells Shares For $933 Million

(CTN News) - On Friday, the ailing gaming retailer GameStop released a statement in which it stated that the company had made.......

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GameStop surges after stock sale

GameStop made nearly US$933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up more than 12 per cent after the bell.

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Reuters
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Embattled GameStop surges after fetching $933m from stock sale

The company largely relies on brick-and-mortar stores and has been grappling with customers turning to e-commerce firms.

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Reuters

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