GameStop Jumps After Raising $1.1 Billion in Stock Sale Plan_老虎社区_美港股上老虎

GameStop Jumps After Raising $1.1 Billion in Stock Sale Plan

Bloomberg2021-06-23

(Bloomberg) -- GameStop Corp. climbed Tuesday after completing an at-the-market offering program by selling 5 million shares for a total of $1.13 billion via Jefferies. Shares of the video-game ...

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Soksok
·2021-06-23
Good
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MandaPanda
·2021-06-23
[Miser]
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2
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Jasshw
·2021-06-23
[Miser]
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Klord
·2021-06-23
Boom boom booooooom
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- Klord:
  Amc rock
  2021-06-23
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WayneSing
·2021-06-23
like pls
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- 股神在此实在必胜:
  👌
  2021-06-23
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SSVC
·2021-06-23
Good Appreciate your response and comments Thanks
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4
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- Acella:
  😀
  2021-06-23
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SteveH
·2021-06-23
Really powerful
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szueyann
·2021-06-23
Please like and comment. Thanks
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7
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- 7dab6d0:
  okay
  2021-06-23
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nja
·2021-06-23
Wow
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3
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- hkwan:
  yeah
  2021-06-23
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LexOh
·2021-06-23
Wow
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- 6fba50d8:
  good
  2021-06-23
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Porky9696
·2021-06-23
Buy!
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5
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- hkwan:
  er
  2021-06-23
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- Porky9696:
  Latest
  2021-06-26
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peakaboo
·2021-06-23
Wow pls like and comment. Thanks
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- szueyann:
  ok
  2021-06-23
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- KyleFong:
  Done. Please comment back here as return
  2021-06-23
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ShirlySuet
·2021-06-23
[惊讶]
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- 7bdce276:
  [微笑]
  2021-06-23
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JohnWL
·2021-06-23
LOL
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luluu
·2021-06-23
Reddit bailing out highly shorted companies 😁
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Newcomer007
·2021-06-23
Wah
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- AhKeong:
  lol like n comment
  2021-06-23
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- Newcomer007:
  wah wah
  2021-06-25
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nihaoo
·2021-06-23
K
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ChangXin
·2021-06-23
comment
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- Brandon2207:
  To the moon
  2021-06-23
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Alkid
·2021-06-23
To the moon apes
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ShoSho123071
·2021-06-23
Go
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It will use net proceeds from the offering to invest in growth initiatives and maintain a strong balance sheet, the company said in a statement released Tuesday.\nGameStop is one of the Reddit-driven “meme” stocks that have soared this year. As retail traders have helped drive share prices of the so-called meme stocks higher, it’s been the companies that have benefited, said Greg Taylor, chief investment officer at Purpose Investments Inc.\n“It’s been a lifesaver for a lot of these companies,” Taylor said in an interview, with firms taking advantage of moves in their stock prices to raise cash and fix their balance sheets and operations. “These were businesses that were really under pressure.”\nGameStop’s shares were sold for an average of $225.20, based on a Bloomberg calculation, above the stock’s 50-day moving average of $193.09. The total amount of shares sold represents the full capacity of its ATM authorization. It had announced on June 9 that it planned to sell as much as 5 million shares via an ATM offering.\nAn at-the-market offering deploys the historically unusual strategy of selling shares directly into the open market. Traditional stock offerings are sold almost entirely to institutional investors, but the rise of retail trading is leading corporate issuers with large followings among day traders like GameStop to cater their financings to go directly to individuals.\nIt’s the second time this year that GameStop tapped equity markets after raising $551 million in April. Meme stocks have been using at-the-market offerings to raise capital because they target the retail investors who’ve been driving up shares in the open market.\nThis is the latest at-the-market offering following similar programs by day-trader favorites like AMC Entertainment Holdings Inc., Express Inc., Castor Maritime Inc., Torchlight Energy Resources Inc. and Novavax Inc. over the past few weeks alone.\nDespite a sharp retrenchment since June 9, it’s still up over 1,000% in 2021. Activist investor Ryan Cohen has built a 13% stake in GameStop and is leading an effort to transform the video-game retailer into an e-commerce powerhouse, away from its brick-and-mortar roots.\nThe unusual trading of GameStop and others has drawn the interest of the Securities and Exchange Commission. GameStop said earlier this month that it received a request from the agency’s staff for “voluntary production of documents and information concerning an SEC investigation into the trading activity in our securities and the securities of other companies.” GameStop doesn’t expect the inquiry to adversely affect the company.\nSome other meme stocks also rose Tuesday, with Clover Health Investments Corp. climbing 12%, while Express Inc. gained 11% and AMC Entertainment advanced 4.6%.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":123593486,"gmtCreate":1624428061845,"gmtModify":1634006242173,"author":{"id":"3579684763801587","authorId":"3579684763801587","name":"Soksok","avatar":"https://static.tigerbbs.com/03c4a8d2787d3c5042bccff3b0bb60f1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123593486","repostId":1192656900,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123218154,"gmtCreate":1624424392578,"gmtModify":1631891417511,"author":{"id":"3570695977987117","authorId":"3570695977987117","name":"MandaPanda","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123218154","repostId":1192656900,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123650672,"gmtCreate":1624422003096,"gmtModify":1631884315588,"author":{"id":"3578323436047667","authorId":"3578323436047667","name":"Jasshw","avatar":"https://static.tigerbbs.com/5eb122786c42f62854e83d917ffc1151","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123650672","repostId":1192656900,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123663944,"gmtCreate":1624421201988,"gmtModify":1634006349685,"author":{"id":"3580186978635227","authorId":"3580186978635227","name":"Klord","avatar":"https://static.tigerbbs.com/574ccbec5d208d26acb8f42536c3b775","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Boom boom booooooom","listText":"Boom boom booooooom","text":"Boom boom booooooom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123663944","repostId":1192656900,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4968790,"gmtCreate":1624421214237,"gmtModify":1635250652482,"authorId":3580186978635227,"author":{"id":3580186978635227,"authorId":3580186978635227,"name":"Klord","avatar":"https://static.tigerbbs.com/574ccbec5d208d26acb8f42536c3b775","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123663944,"type":1,"supId":0,"prevId":0,"content":"Amc rock","text":"Amc rock","html":"Amc rock"}],"langContent":"EN"},{"id":123603374,"gmtCreate":1624418745298,"gmtModify":1634006381733,"author":{"id":"3584427442291849","authorId":"3584427442291849","name":"WayneSing","avatar":"https://static.tigerbbs.com/9ba5be2ddf8347d41eed59a863adfe57","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"like pls","listText":"like pls","text":"like 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Appreciate your response and comments Thanks&nbsp;","listText":"Good Appreciate your response and comments Thanks&nbsp;","text":"Good Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123844582","repostId":1192656900,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4974904,"gmtCreate":1624449347279,"gmtModify":1635250183768,"authorId":3563150446821026,"author":{"id":3563150446821026,"authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123844582,"type":1,"supId":0,"prevId":0,"content":"😀","text":"😀","html":"😀"}],"langContent":"EN"},{"id":123843818,"gmtCreate":1624417727034,"gmtModify":1634006398137,"author":{"id":"3576536069215304","authorId":"3576536069215304","name":"SteveH","avatar":"https://static.tigerbbs.com/9d28151062e09a82840c0420dfa92744","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Really 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