GameStop is the latest meme stock to be split

One of the latest companies to do so is the Bloomberg -- GameStop Corp., which has a four-for-one stock split in the form of a dividend.

None of the US wants a Dutch supplier to stop selling Chipmaking Gear to China.

Share splits had almost disappeared from U.S stock markets before Apple and Tesla Inc. restarted the practice in 2020. Amazon.com Inc. followed suit earlier this year. Retail investors, who tend to favor stocks with less price tags, flocked to them after the moves helped trigger rallies in the companies shares.

GameStop has been hampered by questions about its business model and direction. GameStop has experimented with pivots into esports and even cryptocurrencies when consumers prefer to purchase video games digitally in online stores. The company was the poster child for meme stocks, seeing volatile swings in the share price over the last year that had little to do with its business fundamentals.

GameStop plans to split the stock in March. At the time, the company said the split would allow for flexibility for future corporate needs. The dividend will be distributed after the close of trading on July 21, the company said Wednesday. The shares, which are down 21% this year, increased by about 5% in extended trading.

None of the Gangs are Fake-Killing People in India for Insurance Payouts