GameStop announces 4:1 stock split
(gamestop.gcs-web.com)
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I got 1 share I bought at the top. Does this mean I have 4 shares after? But each worth 1/4? Cool
So if it moons and I need to pay my mortgage I can sell one share and diamond hands the rest?
Yes.
The floor is now 69,420,000 or so.
At least!
July 6, 2022
GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. 6, 2022-- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that its Board of Directors has approved and declared a four-for-one split of the Company’s Class A common stock in the form of a stock dividend. Company stockholders of record at the close of business on July 18, 2022 will receive a dividend of three additional shares of the Company’s Class A common stock for each then-held share of Class A common stock. The stock dividend will be distributed after the close of trading on July 21, 2022. Trading will begin on a stock split-adjusted basis on July 22, 2022.
Great!
LFGGGGGGGG! I would sure hate to be short on this stock right about now.
This has got to be a part of "the plan." Stock market crash incoming! Major transfer of wealth from the elite to normies the world over!