THE GAME IS ON. GAMESTOP SHARE SPLIT
In March 2022, GameStop announced plans to carry out a 1:4 share split. Already in July, this decision was supported by the Board of Directors.
This will make the shares of the well-known American retail chain for the sale of game consoles, computer games and gaming accessories even more affordable. One GameStop share becomes 4 times cheaper!
The split will take place on July 21, and from July 22, trading on the #GameStop instrument will open at a new price.
Please note that on July 21, 2022:
- the #GameStop instrument will be in Close only mode;
- all open positions on #GameStop must be closed no later than 22:55 server time in accordance with clause 10.7 of the Regulations for trading operations;
- the remaining open trades will be forcibly closed by the company at session closing prices.
GameStop Corp. was founded in 2000 as a retail chain selling game consoles, computer games and game accessories. In January 2021, the placed shares of the company aroused keen interest and increased in price by 1800% from the starting price of $20 to $350. The company's capitalization is currently more than $11 billion.