Thndr Claps » U.S. Claps » NYSE 🔔 » GameStop announces stock split🎮
The ClapGameStop (NYSE: GME) shares jumped after the company’s board approved a 4-for-1 stock split.
The DeetsThis means GameStop shareholders can expect to trade three more shares by July 22, 2022.Going by GME’s closing price of $117.43, the stock’s price post-split would be around $29.35/share.
Why this MattersFor the past couple of years, stock splits have proven to provide a boost to companies’ stock prices. That’s because it makes prices more affordable to retail investors.
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