GameStop completes at-the-market fairness providing after elevating $1.126 billion, inventory jumps 9% premarket
mentioned Tuesday it has accomplished an at-the-market fairness providing after issuing 5 million shares to lift about $1.126 billion. The videogame retailer and main meme inventory mentioned it’ll use the proceeds for the catch-all basic company functions and for progress initiatives, whereas sustaining a wholesome steadiness sheet. The inventory jumped 9% premarket and has gained 964% within the yr up to now, spurred on by Reddit subgroup WallStreetBets, who’re betting the corporate can restore its enterprise beneath new management. The S&P 500
has gained 12.5% in the identical interval.
Japan stocks lower at close of trade; Nikkei 225 down 0.50% By Investing.com
© Reuters. Japan stocks lower at close of trade; Nikkei 225 down 0.50% Investing.com – Japan stocks were lower after…
Ray Dalio on China investments amid tech, education crackdown
Robot Xiao Cong hosts, talks and plays with students in class at a school in the Zhejiang province of China….