GME Stock Alert: GameStop Just Raised $933 Million From Selling Stock

It looks like the effects of the return of Roaring Kitty are still lingering, as GameStop (NYSE:GME) stock is up by 20% following the completion of its $933.4 million at-the-market (ATM) offering, equivalent to 45 million shares. The offering was announced on May 17. Roaring Kitty made his return on X (formerly Twitter) following a nearly three-year social media hiatus, sending meme stocks across the board higher. Roaring Kitty, real name Keith Gill, was a leading figure in the 2021 meme stock rally. This i ...