GameStop raises $551 million in new share offering

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  • CNBC Television published this video item, entitled “GameStop raises $551 million in new share offering” – below is their description.

    GameStop shares jumped following a new stock offering, in which the company raised $551 million in order to accelerate its shift to e-commerce. CNBC’s Andrew Ross Sorkin reports.

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    In This Story: GameStop

    GameStop (NYSE: GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.

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