Meme stock GameStop jumps on share split bandwagon

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Meme stock GameStop jumps on share split bandwagon
 © CyprusMail 2022
GameStop Corp’s (GME.N) board has approved a four-for-one stock split that will make it more affordable for investors to own shares of the video-game retailer at the center of last year’s “meme stock” trading frenzy.

Shares of the company shot up 5.8 per cent to $124.49 in extended trading on Wednesday after the announcement.

Several major US companies have opted for stock splits over the past two years, including Apple (AAPL.O), Tesla (TSLA.O) and Amazon.com (AMZN.O).

A stock split makes shares more affordable for individual investors by lowering the price without...


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Article automatically added to our system on Thursday, July 7, 2022

Meme stock GameStop jumps on share split bandwagon


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Article Tags: #stock   #gamestop   #jumps   #share   #split   #bandwagon  


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