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GameStop Completes $2.25 Billion Convertible Notes Offering

Story Highlights
  • GameStop completed a $2.25 billion private offering of Convertible Senior Notes.
  • Proceeds will be used for general corporate purposes, including investments and acquisitions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GameStop Completes $2.25 Billion Convertible Notes Offering

Confident Investing Starts Here:

GameStop ( (GME) ) has shared an announcement.

On June 17, 2025, GameStop Corp. completed a private offering of $2.25 billion in 0.00% Convertible Senior Notes due 2032. The proceeds from this offering, amounting to $2.23 billion after expenses, are intended for general corporate purposes, including investments and potential acquisitions. The notes, which are unsecured and do not bear regular interest, offer conversion options under specific conditions and are subject to redemption and repurchase terms. This financial maneuver aims to bolster GameStop’s strategic investments and potential market positioning.

The most recent analyst rating on (GME) stock is a Sell with a $11.00 price target. To see the full list of analyst forecasts on GameStop stock, see the GME Stock Forecast page.

Spark’s Take on GME Stock

According to Spark, TipRanks’ AI Analyst, GME is a Neutral.

GameStop’s overall stock score reflects a mix of improved financial performance and strategic corporate actions but is dampened by bearish technical signals and high valuation concerns. The company’s restructuring and Bitcoin investment are positive, yet challenges in revenue growth and technical indicators present risks.

To see Spark’s full report on GME stock, click here.

More about GameStop

GameStop Corp. operates in the retail industry, primarily focusing on video games, consumer electronics, and gaming merchandise. It is known for its chain of stores that sell new and pre-owned video gaming consoles, accessories, and video game titles.

Average Trading Volume: 16,712,808

Technical Sentiment Signal: Hold

Current Market Cap: $10.43B

For a thorough assessment of GME stock, go to TipRanks’ Stock Analysis page.

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