{"id":78023,"date":"2021-04-27T01:19:48","date_gmt":"2021-04-27T05:19:48","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78023"},"modified":"2021-04-27T01:10:41","modified_gmt":"2021-04-27T05:10:41","slug":"gamestop-shares-jump-after-the-reddit-favorite-raises-551-million-in-stock-sales","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2021\/gamestop-shares-jump-after-the-reddit-favorite-raises-551-million-in-stock-sales.html","title":{"rendered":"GameStop shares jump after the Reddit favorite raises $551 million in stock sales"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/GME\" target=\"_blank\">GameStop<\/a>\u2019s stock price climbed in extended trading Monday after the video game retailer\u00a0said it sold 3.5 million additional shares, raising $551 million to speed up the company\u2019s e-commerce transformation. The stock, favored by the Reddit retail trading crowd, jumped 10% in after-hours trading after gaining nearly 12% in the day. Shares are up nearly 800% this year.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/04\/26\/gamestop-shares-jump-after-the-reddit-favorite-raises-more-than-500-million-in-stock-sales.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) GameStop\u2019s stock price climbed in extended trading Monday after the video game retailer\u00a0said it sold 3.5 million additional shares, raising $551 million to speed up the company\u2019s e-commerce transformation. The stock, favored by the Reddit retail trading crowd, jumped [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78023","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78023"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78023\/revisions"}],"predecessor-version":[{"id":78024,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78023\/revisions\/78024"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}