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Gamestop Corporation (NYSE:GME) - Should You Trade GameStop Stock After At-The-Money Offering?


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GameStop Corp (NYSE: GME) is a story stock, and the story does not go away, co-host Dennis Dick said Tuesday on Benzinga s YouTube show PreMarket Prep.
GameStop s Offering News: GameStop announced the completion of an at-the-money equity offering Monday. The company raised $551 million by selling 3.5 million additional shares.
GameStop said the money will be  used to continue accelerating GameStop’s transformation as well as for general corporate purposes and further strengthening the company’s balance sheet.
The stock doesn t care about the fundamentals, Dick said, adding that it could go anywhere. 
The PreMarket Prep co-host said he wouldn t be surprised if the stock went higher and wouldn t be surprised if it went lower, he said. ....

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After GameStop stock frenzy, Tampa firms join rush to sue Robinhood trading app


After GameStop stock frenzy, Tampa firms join rush to sue Robinhood trading app
One Tampa law office, which also sued Robinhood last year, is positioning itself to lead a class-action lawsuit.
 
 
Pedestrians pass a GameStop store on 14th Street at Union Square on Jan. 28 in Manhattan. [ JOHN MINCHILLO | AP ]
Published Feb. 1
A handful of Tampa law firms have joined a frenzy of legal action against the stock-trading app Robinhood after it froze users’ ability to buy and sell GameStop stock during a trading spree that roiled Wall Street last week.
At least three federal lawsuits have emerged from Tampa accusing the app of negligence and breach of contract and fiduciary duty. Nationwide, at least 25 groups of plaintiffs in 11 states had filed lawsuits against Robinhood since last week, according to a review Monday of federal court filings. More lawsuits are likely, at which point they could be combined into a single class-action lawsuit on be ....

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Après GameStop, la rébellion des petits porteurs n'a pas fini de secouer la Bourse

Après GameStop, la rébellion des petits porteurs n'a pas fini de secouer la Bourse
lci.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lci.fr Daily Mail and Mail on Sunday newspapers.

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Worried About A GameStop Re-run In India? Shubham Agarwal Tells You How To Guard Against It

Just like you buy life insurance to cover personal risks, it should be a rule of thumb to buy protection in “trades where you can lose more than your capital invested” ....

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