Why GameStop (GME) Stock Is Down Today
YahooKayode Omotosho
Why GameStop (GME) Stock Is Down Today
Shares of video game retailer GameStop (NYSE:GME) fell 19.4% in the morning session after the company announced plans to offer $1.75 billion in Convertible Senior Notes due in 2032 to qualified institutional buyers. The stock is likely down due to concerns about the dilutive effect of the notes, which can be converted to the company's ordinary ...
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