GAMESTOP STOCK SPLIT | What You Need To Know | This Could Turn GME Short Squeeze Into A Reality

GameStop announced its plans for a stock split on March 31, 2022. Before the split can take effect, shareholders must vote to approve the proposal. This vote is set to take place during the upcoming annual meeting. The company has not yet announced the date and location for the annual meeting. GameStop also said the stock dividend must receive approval from its board of directors.

For shareholders and meme stocks fans, there are unfortunately few details available at this time. However, GameStop said it will share more in the proxy statement that it issues ahead of the annual meeting.
More broadly, investors tend to view stock splits as a way to make shares more accessible. By lowering the overall price of one share, new investors may be able to buy in. This has led companies like Alphabet and Amazon with high-priced shares to enact splits and widen their shareholder bases. GME shares are currently trading for more than $190 after the latest rally. Over the last two years, this share price has increased by more than 5,000%.

Therefore, enacting a stock split and lowering the individual share price could entice more fans to become shareholders.

However, investors should note that beyond changing the share price, a stock split will not have any other fundamental impacts on GameStop stock.

#gme #gmestock #shortsqueeze #shortsqueezestocks #stockmarketnews #stockmarkettoday #wallstreetbets #stocksplitlatestnews #stocksplit
MAKE SURE YOU JOIN OUR 🔥NEW🔥 DISCORD
ITS CALLED MAKING EZ MONEY link below👇👇
https://discord.gg/bPvCCs5Zpn
👆👆👆👆👆👆👆👆👆👆👆👆👆
💯 | Get 5 Free stocks with moomoo | ► https://j.moomoo.com/00isCK
👆👆👆👆👆👆👆👆👆 👆👆👆
👆👆👆👆👆👆👆👆👆
CHECK OUT MY OTHER YOUTUBE CHANNEL FOR DAILY STOCK ALERTS TO HELP YOU MAKE THE RIGHT TRADES IN OR INVESTMENTS
https://www.youtube.com/channel/UCNuyDSNzgtdeq9K6novdljA
👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆👆
📜 Legal Disclaimer:
I am NOT a financial Advisor. This video is for entertainment and education purposes only. This video is not financial advice. You can lose money investing into the stock market. You are liable for any losses that you incur from investing in the stock market.. I shall not be held liable for any losses you may incur while investing or trading on the stock market. Contact a licensed financial professional in your area for professional advice.