GameStop Shareholder Meeting Disrupted by Server Crash Amid Meme Stock Surge

GameStop

American video game retailer

Provocative

Highlights

GameStop's annual shareholder meeting faced technical difficulties as servers crashed due to high interest in the livestream.
The incident occurred during a surge in meme stock craze following Keith Gill's return to social media.
Investors and viewers experienced disruptions as the company hosting the stream reported server issues.

Story

The GameStop annual shareholder meeting hosted on ComputerShare experienced technical difficulties, leading to the event being adjourned due to server crashes and high traffic volume. Keith Gill, also known as Roaring Kitty, gained attention for his stock bets, influencing retail traders. GameStop raised over $2 billion through an equity sale for corporate purposes. Roaring Kitty's call options trading activity and the stock's price fluctuations have been closely watched. The meeting is set to be rescheduled, and the meme stock craze continues amidst the disruptions.

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