New Zealand markets close in 6 hours 40 minutes
  • NZX 50

    11,730.52
    0.00 (0.00%)
     
  • NZD/USD

    0.6451
    +0.0020 (+0.32%)
     
  • ALL ORDS

    7,288.80
    -36.60 (-0.50%)
     
  • OIL

    91.85
    -0.24 (-0.26%)
     
  • GOLD

    1,817.10
    +1.60 (+0.09%)
     

GameStop announces 4-for-1 stock split

Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.

Video transcript

JARED BLIKRE: Here is your stock to watch for tomorrow-- GameStop. The company announcing a four-for-one stock split that's already been approved by the board. And it's coming in the form of a dividend. So shareholders will receive three more shares for each one that they own. Trading will begin on a stock split adjusted basis on July 22. The stock is popping on the news, but for the year, it's still down more than 20%.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting