GameStop closed down over 22% this morning, rising 4.12% after hours.

robot
Abstract generation in progress

BlockBeats news, on March 28, GameStop in the US stock market closed down over 22% this morning, and is currently up 4.12% after hours, with a market capitalization reported at $9.876 billion. Yesterday, GameStop announced plans for a private sale of $1.3 billion of 0.00% convertible preferred notes (due in 2030) targeted at qualified institutional investors. Depending on market conditions, the company may also authorize initial purchasers to add up to $200 million of notes within 13 days. GameStop stated that the funds raised will be used for general corporate purposes, including purchasing Bitcoin according to the company's investment policy.

BTC2.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)