1. Corporate Finance

GameStop jumps in extended trading after announcing 4-for-1 stock split

Written by Posted on Less than 0 min read

Shareholders in the company will get a dividend of three additional shares for each of the company’s Class A common stock.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Channel: Grocery

FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers

The FTC, which was joined by a group of attorneys general, argued the $24.6 billion Kroger-Albertsons deal would hurt competition in the grocery industry. View Original Article Associates Albertsons / Safeway Kroger Competition Government Mergers Regional Grocery Editor's Choice CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader […]
< 1 min read
0
  1. Channel: Restaurants

McDonald’s hopes deals like 50-cent double cheeseburgers beef up sales on its mobile app

More than a year after its U.S. launch, McDonald’s loyalty program had 25 million active members, as of Sept. 30. View Original Article Marketing: Loyalty & Subscription Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Corporate Strategy

Peloton shares hit all-time low as pressure mounts under new CEO Barry McCarthy

Peloton shares tumbled to an all-time low Friday as investors lose hope that the connected fitness equipment maker can turn itself around. View Original Article Executives Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Trends & External Forces

Can troubled Estee Lauder be saved? Wall Street analysts say yes, but we’re not so sure

​ ​  ​[[“value”:”HSBC offers Estee Lauder turnaround ideas. We’re willing to stick around to find out if shaking up the status quo can work.”]]  View Original Article Pricing & Promotions Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon’s leading delivery service is a huge win for the company’s growing retail business

​ ​  ​[[“value”:”Amazon has been reaping the benefits of huge logistics investments before, during, and after Covid.”]]  View Original Article Amazon COVID19 Delivery Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Corporate Finance

Chipotle Mexican Grill misses expectations for earnings, revenue and same-store sales

 [[“value”:”CEO Brian Niccol maintained the company hasn’t seen backlash to higher prices for its burrito bowls and tacos, despite declining transactions.”]]  View Original Article Executives Restaurants International - North America Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks U.S. sales climb as customers spend more on pricey drinks

Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion. View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Consumer Durables

How Lululemon built a multibillion-dollar athletic wear empire

Lululemon dominates the high-end athletic wear category. Demand for active wear continues to grow, and Lulu is aiming to reach $12.5 billion in revenue by 2026. View Original Article Predictions and Forecasts Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Channel: Club

Our confidence in Costco is not shaken by Walmart’s woes. Here’s why

We continue to believe in Costco, even as retailers like Walmart warn of profit erosion ahead. View Original Article Costco Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Uncategorized

The market is ‘at a level where we have to do some buying,’ Jim Cramer says

​The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Associates & Employees

Target employees at Virginia store file for union election amid a broader labor push at big companies

Target employees at a store in Virginia filed on Tuesday with the National Labor Relations Board for a union election. View Original Article Associates Target Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Corporate Strategy

‘You barely knew what we were actually selling’: Gap CEO Richard Dickson on the brand’s heavy discount strategy

​ ​  ​[[“value”:””People thought when I left: ‘you’re crazy,'” he said of leaving toy company Mattel for Gap in August, during the “Barbie” movie’s blockbuster run.”]]  View Original Article Dept. Toys & Games Executives Strategy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Shopper & Customer

Retailers could face cost cuts and slower sales this year

​[[“value”:” In this article HD WMT Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue ]]   ​[[“value”:”Walmart and other retailers are expected strike a more cautious tone and share more conservative outlooks for the year ahead.”]] [[“value”:”“]]  […]
< 1 min read
0
  1. Stores & Formats

Macy’s to open four more smaller stores, as strip mall experiment shows early signs of success

​Macy’s CEO Jeff Gennette said the smaller strip mall stores showed year-over-year growth, as the company’s earnings report sent its stock tumbling.  View Original Article Results & Investment Executives Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Corporate Finance

Club meeting recap: Jim Cramer says Wells Fargo is a buy following a first-quarter earnings beat

[[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Corporate Finance

Not a good buy: Rent the Runway, exactly one-year after IPO, is down nearly 90%

Rent the Runway became a force in fashion by renting designer clothes. Exactly one year after its IPO, the stock is down 90%, but its CEO is looking ahead. View Original Article Start Ups Dept. Apparel Results & Investment Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Trends & External Forces

From ‘Barbie’ to Formula 1, TAG Heuer is making its mark on the luxury watch market

​[[“value”:”Luxury watch maker TAG Heuer, which is owned by LVMH, is riding a wave of marketing successes and new launches.”]]  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Trends & External Forces

With Huawei out of the picture, Chinese smartphone rivals take the spotlight at MWC

Smaller Chinese smartphone brands such as Oppo, Honor and Realme made a splash at Mobile World Congress this week with a slew of new device launches. View Original Article Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Corporate Strategy

GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan

The company is making staff cuts across departments as part of an effort to turn around the videogame retailer and drive growth. View Original Article Associates Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Department & Category

Fast-food value meals return to menus, but the deals aren’t as cheap

Fast-food value deals are back in full force after nearly two years underground, but chains are hiking prices as they face higher food costs. View Original Article Dept. Grocery CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
Next