Analyzing GameStop's Stock Offering | PreMarket Prep

Benzinga
•April 6th, 2021
DESCRIPTION
In this clip, PreMarket Prep's hosts analyze GameStop's stock offering released today (4/5/21). "Company can sell up to 3.5 million shares and intends to use any proceeds to accelerate transformation further and strengthen the balance sheet." GameStop's stock fell 14% after announcing share offering & preliminary sales results. Global sales were up 11% for the nine-week period ended on April 4. International sales were up 5.3% for the four-week period that ended on February 27 and was 18% higher for the five-week period that ended on April 4.
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Spencer Isreal
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Mitch Hoch
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