GameStop announces 4-for-1 stock split
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.
Video Transcript
JARED BLIKRE: Here is your stock to watch for tomorrow-- GameStop. The company announcing a four-for-one stock split that's already been approved by the board. And it's coming in the form of a dividend. So shareholders will receive three more shares for each one that they own. Trading will begin on a stock split adjusted basis on July 22. The stock is popping on the news, but for the year, it's still down more than 20%.
