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The Recorder - Business Briefs: March 5, 2021

Business Briefs: March 5, 2021 CARPENTER Businesses can apply for PPP loans through March 9 GREENFIELD The Franklin County Community Development Corporation (CDC) encourages all small businesses to apply quickly to the Small Business Administration’s (SBA’s) Paycheck Protection Program. According to a notice from Amy Shapiro, business development director with the Franklin County CDC, the SBA is trying to reach out to small business owners with fewer than 20 employees, as well as self-employed business owners. The notice advises that business owners who were previously ineligible due to low net income may now be eligible under the program’s new guidelines. The new form (PPP Form 2583C) can be submitted through your bank before 5 p.m. on March 9.

GameStop shares spike again

GameStop s stock has started rising once again, with share price peaking at $185 during after-hours trading. As reported by PC Gamer, the retailer s share price closed at $91 yesterday, having opened at $44. At the time of writing, it was slowly rising, currently sitting at $148 during the pre-market session. This follows the announcement just yesterday that GameStop CFO Jim Bell will resign for his position on March 26. Senior vice president and chief accounting officer Diana Jajeh will take over as interim CFO. GameStop s stock has been extremely volatile in recent weeks, due to an ongoing campaign from users of the subreddit WallStreetBets. The retailer s share price kept soaring and falling throughout the end of January, and continued to rise following an Elon Musk tweet.

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