GameStop to make IPO
Break from the norm
Published on
It's not all doom and gloom for technology companies these days, especially retailers. American e-tailer GameStop looks set to make their initial public offering on the Nasdaq later this week and expects to sell 18.1 million shares at $17-19 each, raising as much as $343 million, trading on the New York Stock Exchange under the proposed symbol GME. According to Core Magazine, there have only been five IPOs this year, the lowest level of interest since 1980.