GameStop's annual shareholder meeting in 2024 faced technical difficulties as servers crashed

From CNBC: 2024-06-13 14:58:53

GameStop’s annual shareholder meeting faced technical difficulties as servers crashed due to high interest in the livestream. It was adjourned on orders at 11:48 a.m. ET. ComputerShare experienced massive issues as people tried to access the meeting, leading to a rescheduling announcement. The incident occurred during a meme stock craze, with Keith Gill sparking retail trading frenzy. GameStop raised over $2 billion from a recent equity sale, which could impact Roaring Kitty’s stock positioning. Call options owned by Roaring Kitty saw a significant spike in trading volume, causing a 16.5% stock plunge. Reactions to these developments remain uncertain in the market.



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