GameStop Announces 75 Million Share Offering, Causing Pre-Market Reversal

GameStop Corp. ($GME) announced a 75 million share offering, leading to significant market reactions. The announcement caused a notable pre-market reversal, with mixed sentiments among investors. Some view it as a high-risk gamble, while others consider it a strategic move. The decision has sparked discussions about the company's future and its impact on shareholders, with some referring to the situation as 'poor apes' and 'too funny.'