Shares of GameStop surged on Friday after the video game retailer announced that it would attempt its first stock split in 15 years.The Grapevine, Texas, company said in a regulatory filing late Thursday that it wants to increase its share count to one billion, from 300 million, so it can implement a stock split in the form of a dividend. It plans to seek shareholder approval at its upcoming annual meeting.A stock split would change the price-per-stock, but not the overall value of those holdings. The manoeuvre can push up a company’s stock price at least temporarily, and it did so Friday. Shares of GameStop jumped 8 percent at the opening bell.
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