GameStop Analyst Lowers Price Target After 'Rambling Presentation By Roaring Kitty': Does Video Game Company Have 'Enough Runway To Appease Its Cult-Like Shareholders'?
GMEGameStop(GME) Benzinga·2024-06-13 01:40

Loading... Loading... Shares of video game retailer GameStop Corporation GME have traded higher in recent weeks on optimism from the return of Roaring Kitty (aka Keith Gill) and several share offerings raising cash for the company. One analyst shared his take on the latest events and recent share offering. What Happened: Over the past 30 days, GameStop completed two at-the-market offerings, selling batches of 45 million and 75 million shares. The most recent sale of 75 million shares raised $2.137 billion, ...