GameStop Plan For Stock Sale 'Understandable' — Analyst Says Fundamentals Healthy

Markets Insider

GameStop Corporation’s decision to up its at-the-market program’s scope to $1 billion is “understandable,” according to Telsey Advisory Group’s Joseph Feldman.

Feldman wrote in a note on Monday that “the company’s decision to increase the size of its ATM Program is understandable, given the stock’s elevated price.”

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