GameStop cashes in on Reddit surge with big stock sale

GameStop shares have gone ballistic this year, surging more than 800% thanks to love from Reddit fans betting on a turnaround for the video game retailer. Now, GameStop is looking to cash in with a sale of more than $550 million in stock.GameStop shares have gone ballistic this year, surging more than 800% thanks to love from Reddit fans betting on a turnaround for the video game retailer. Now, GameStop is looking to cash in with a sale of more than $550 million in stock.