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EPISODE · Apr 6, 2021 · 7 MIN

Gamestop Selling New Shares $GME

from Patrick Boyle On Finance · host Patrick Boyle

Send us a textTwo months after Reddit day traders took GameStonk ( $GME ) shares to surprising heights in a massive short squeeze, the video game retailer is finally trying to cash in. On Monday, it announced plans to issue up to 3.5 million new shares worth $650m via an “at-the-market” offering, or ATM. The structure allows the issuer to raise cash bit by bit over the course of months or years. This is reasonable opportunism. Despite a pullback, GameStop shares are still up 900 per cent this...

Episode metadata supplied by the publisher feed · Published Apr 6, 2021

What this episode covers

Send us a textTwo months after Reddit day traders took GameStonk ( $GME ) shares to surprising heights in a massive short squeeze, the video game retailer is finally trying to cash in. On Monday, it announced plans to issue up to 3.5 million new shares worth $650m via an “at-the-market” offering, or ATM. The structure allows the issuer to raise cash bit by bit over the course of months or years. This is reasonable opportunism. Despite a pullback, GameStop shares are still up 900 per cent this...

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Frequently Asked Questions

How long is this episode of Patrick Boyle On Finance?

This episode is 7 minutes long.

When was this Patrick Boyle On Finance episode published?

This episode was published on April 6, 2021.

What is this episode about?

Send us a textTwo months after Reddit day traders took GameStonk ( $GME ) shares to surprising heights in a massive short squeeze, the video game retailer is finally trying to cash in. On Monday, it announced plans to issue up to 3.5 million new...

Can I download this Patrick Boyle On Finance episode?

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