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Gamestop delays shareholder meeting following tech issue

Published 14/06/2024, 05:44 am
© Reuters
GME
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Investing.com -- Gamestop delayed its annual shareholder meeting due Thursday by a day after its servers were overwhelmed by a flurry of shareholders trying to access the livestream.

"Unprecedented demand" from shareholders seeking to access the meeting led to a "technical issue"  A spokesperson for Computershare, the company hosting the webcast, told the Associated Press Thursday afternoon. 

The meeting initially slated to kick off at 11:00 ET, was postponed to Friday, Jun. 14, at 16:00 ET.

Shareholder interest in the stock surged in recent weeks after Keith Gill, also known as "Roaring Kitty" -- who sparked the initial memestock rally in January 2021 -- made a reappearance on social media and unveiled a five million stake in Gamestop, coaxing memestock traders out of a long slumber.

Gamestop was up more than 12% in recent trading. 

 

 

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