
GameStop wants to make shares more affordable for meme stock lovers
CNN
The "apes" bullish on GameStop may soon be able to buy their favorite stock at a much lower price.
The meme darling of the Reddit crowd wants to initiate a stock split, a move that will drastically reduce the cost of one share, the company said late Thursday in a Securities and Exchange Commission filing.
To do so, GameStop will have to ask shareholders at its upcoming annual meeting for approval to increase the number of its class A shares from 300 million to 1 billion.

President Donald Trump issued a stark threat to defense contracting companies on Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military hours before saying he’d decided to substantially increase the defense budget.












