GameStop sold the shares at an average price of $28.50 each, according to Wedbush Securities. The stock sale comes three weeks after the company sold an additional 45 million shares, raising $933 ...

Before this filing, GameStop sold 45 million shares on May 17, generating about $933.4 million in gross proceeds. The company said it intends to use the net proceeds from the new offering for ...

GameStop shares jumped after the videogame retailer said it had sold 45 million shares, bringing in slightly more than $933 million.