Specialty retailer GameStop Corp. (GME) is a game and entertainment products provider operating through its various stores and e-commerce properties. The company sells new and pre-owned gaming platforms, accessories, new and pre-owned gaming software, and in-game digital currency.
Last Wednesday, GME’s stock jumped in extended trade after the company announced its 4-for-1 stock split. The company's shareholders are expected to receive a dividend of three additional shares of each of its class A common stock, which is expected to be distributed on July 21. The stock was set to start trading on a split-adjusted basis from the following day.
