GameStop Stock Surges On Plans For 4-For-1 Stock Split

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The Street

By Martin Baccardax GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day. GameStop (GME) – Get GameStop Corporation Report shares surged higher Thursday after the money-losing video game retailer unveiled plans for a four-for-one stock split. A favorite of retail investors and one of the original ‘meme-stocks’ that spearheaded last year’s trading frenzy, said shareholders will receive a three-stock dividend for each share they own after the close of trading on July 21, with dealing set to begin on a split-adjusted …

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