GameStop shares rose 25% in early trading after completing the stock sale

The trader acts as a screen displaying trading information for GameStop on the floor of the New York Stock Exchange on May 15, 2024.

Brendan McDiarmid | Reuters

GameStop shares rose 25% in premarket trading Tuesday after the company announced Friday that it made about $933 million from the stock sale.

Shares in the video game retailer rose 25.11% at 6:43 AM ET on US markets. Markets are scheduled to reopen on Tuesday after remaining closed on Monday for Memorial Day.

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