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The content originally appeared on: CNN New York (CNN Business)GameStop shares will soon lose three quarters of their value. But don't worry: It's good news for stockholders. The company announced Wednesday that its board approved a 4-for-1 stock split, effective July 22. Shares of the meme stock darling soared more than 8% in early trading following the news. GameStop shares have fallen back to Earth following a Reddit-fueled spike last year. The stock is down about 16% this year, mirroring […]
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