Gamestop stock plummets as company announces $1.75 billion debt offering amid bitcoin push

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Gamestop stock plummets as company announces $1.75 billion debt offering amid bitcoin push

finance.yahoo.com/news/gamestop-stock-plummets-as-company-announces-175-billion-debt-offering-amid-bitcoin-push-135430327.html

In This Article:
GameStop (GME) stock plummeted as much as 19% in early trading Thursday after the video game seller announced that it intends to sell $1.75 billion worth of convertible bonds.
In other words, GameStop is raising cash from investors by issuing debt in the form of…

This story appeared on finance.yahoo.com, 2025-06-12 13:54:30.