Extreme Investor Network Exclusive: Gamestop’s Shareholder Meeting Faces Technical Issue
Gamestop’s highly-anticipated shareholder meeting hit a roadblock on Thursday when technical issues prevented many eager investors from accessing the livestream. The meeting, hosted by Computershare, was met with “unprecedented demand,” causing some shareholders to be unable to log on.
In a statement to The Associated Press, a Computershare spokesperson apologized for the inconvenience and assured that they are working to prevent similar issues in the future. The meeting, originally scheduled for 11 a.m. ET, was adjourned after the technical difficulties arose.
Despite the setback, Gamestop’s shares were still up over 6% by Thursday afternoon. As a key player in the meme stock craze, Gamestop has garnered attention recently, especially after Keith Gill, also known as “Roaring Kitty,” made a comeback online after a three-year hiatus.
Roaring Kitty, a prominent figure in the stock market community, expressed his belief in Gamestop’s potential to rebound during a recent YouTube appearance. While the company managed to narrow its losses in the first quarter, revenue declined as sales of hardware, accessories, software, and collectibles weakened. Additionally, Gamestop filed paperwork to sell up to 75 million shares of stock.
At Extreme Investor Network, we understand the importance of staying informed about market developments and trends. Our team of financial experts provides valuable insights and analysis to help you navigate the ever-changing world of investing. Stay tuned for more exclusive updates and expert advice on all things finance.