GameStop jumps after raising nearly US$1 billion in stock sale

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GameStop Corp. shares rallied in late trading after the retail trader favorite announced it brought in nearly US$1 billion from a share sale program.

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GameStop, AMC shares plunge as two-day meme rally evaporatesThe meme rally that added about US$11 billion in value to GameStop Corp. and AMC Entertainment Holdings Inc. faltered Wednesday, wiping out a large swath of the gains in the first minutes of trading.
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