Gamestop Capitalizes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Dimitris Chapsoulas/Unsplash) (Bloomberg) — GameStop Corp. is set to cash in on its 2021 surge after the company said it may sell up to $1 billion worth of additional shares in one of the largest at-the-market equity offerings ever announced for the retail sector. The video game retailer erased an early 14% drop to close 2.4% lower in New York at $186.95. Jefferies will manage the offering of up to 3.5 million shares, according to a statement, and proceeds will be used to further accelerate its corporate transformation. GameStop’s offering ...