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Benzinga
Benzinga
Business
Henry Khederian

GameStop Stock Is Sliding Friday: What's Going On?

New,York,Ny - usa-january,22,,2011,A,Gamestop,Video,Game,Store

GameStop Corp (NYSE:GME) shares are trading lower Friday morning. The company filed a prospectus with the Securities and Exchange Commission to sell an unspecified amount of various securities in the future. .

What To Know: The shelf registration, filed on October 2, allows the video game retailer to offer and sell securities such as Class A common stock, preferred stock, debt securities and warrants from time to time. This gives the company flexibility to raise capital more quickly when needed.

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