(Reuters) - Shares of GameStop Corp jumped 15% in premarket trading on Friday after the video game retailer at the heart of last year's retail trading frenzy said it would seek shareholder approval for a stock split.
The plan comes as shares of GameStop and other so-called "meme" stocks including AMC Entertainment Holdings are seeing renewed interest from retail investors, who are piling into riskier assets emboldened by hopes of a resolution in Russia's conflict with Ukraine.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!