Finans

The valuation mystery: more clues

Every time something this stupid happens, an innocent little finance fairy dies.

After GameStop – a barely profitable company whose revenue fell by a fifth last year – announced Friday that it has raised $933mn in an equity offering, its shares enjoyed a 25 per cent jump yesterday.
After GameStop – a barely profitable company whose revenue fell by a fifth last year – announced Friday that it has raised $933mn in an equity offering, its shares enjoyed a 25 per cent jump yesterday.Foto: Alex Kraus/Bloomberg
  • Robert Armstrong (FT)
Publisert 3. June 2024, kl. 10.59Oppdatert 3. June 2024, kl. 10.59
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