GameStop ($GME) Completes Equity Offering, Raises Over $2 Billion from 75 Million Shares

Jun 11, 2024, 08:32 PM

GameStop ($GME) has completed its at-the-market equity offering program, selling 75 million shares on the open market. The program raised over $2 billion, with gross proceeds amounting to approximately $2.137 billion. Following the announcement, GameStop's stock finished up 22% for the day.