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The latest sell-off came after the video game chain announced plans to $1.3 billion through the sale of convertible senior notes to purchase bitcoin.
Turns out, GameStop (GME ... shares cratered 22% yesterday after it said it would issue up to $1.3 billion in convertible debt to acquire the cryptocurrency. It’s a photocopy of the playbook ...
Shares of GameStop (GME) are under pressure on Thursday, reversing course after rallying on Wednesday, following the company’s announcement ...
GameStop Corp (GME) shares dropped 8% in Wednesday’s after-market trading, erasing some of the gains from the regular session, after the company announced it would raise $1.3 billion from convertible ...
GameStop stock price craters on the back of an unexpected announcement that seemingly shook investors' confidence in the company.
GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for ...
The company announced plans to issue $1.3 billion of convertible ... GameStop shares fell in afterhours trading on the convertible debt offering news. GameStop posted this news to it's new ...
Under the latest sale, a round of convertible debt will require issuing ... "We suspect that GameStop's share price will drift lower prior to the issuance of the convert, particularly given ...