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The GameStop stock split date is on July 21. The stock split does not change the fundamentals of the company or future earnings.Ĭompanies like Apple, Amazon, and Tesla have recently done stock splits, allowing new investors to buy their shares at an affordable price. After the GameStop share split, the original shares will be split into four shares, also the share price gets lower which makes it affordable for retail investors. The shareholders will be issued additional shares for each share they hold in their account. GameStop Corp's stock split will be in the form of a share dividend to its shareholders. You will be granted an additional share post stock split while the value of each share will be half the amount of the original. Let's say you held one share of a company and the company declared a stock split of 2-for-1. Post stock split, when the share price gets lower it allows new investors to invest in the company as the stock becomes cheaper and more affordable, also it boosts the share price.Ī stock split is when the company issues more shares of stock to its existing shareholders without decreasing the value of their stakes while the market capitalization and the value of shareholder's stakes do not change.

Usually, a company opts for a stock split or reverse stock split when the company's share price is too high or too low.

How does a stock split affect share price? GameStop Stock Split: What is a stock split? In this article, we are going to learn GameStop corporation stock split, when the GameStop stock split, the GameStop stock split announce, the GameStop stock split vote, and what a stock split means for a company and its investors. The closing price of the stock on 13 July was $117.41 before the disclosure of GameStop stock split news, the next day the stock price increased to 12% as this news was somewhat anticipated. Investors are eligible for a GameStop stock split if they have held the shares in their account at market close on July 18 and will receive the additional three shares on 21 July. The share split is set to occur on July 21 by a four-to-one ratio which means anyone holding one share of GameStock will be receiving three additional shares but each share value will be one-fourth the price they formerly traded at. GameStop Corp (GME) announced a stock split via an SEC filing after the shareholders voted to permit the plan.
