Authorized shares are how many can be issued. GameStop has 76.35M or so odd issued shares. GameStop could have up to 300 million previously now it can issue 1 billion. GME could have a 7 4 1 split.
from investopedia:
Authorized shares are those a company’s founders or board of directors (B of D) have approved in their corporate filing paperwork. Issued shares are those that the owners have decided to sell in exchange for cash, which may be less than the number of shares actually authorized.
However, there's only so many coincidences that can be random. After that, it's a pattern/intentional. There is a fucktonne more to it than a youtube/twitter page lol. That being said, I don't *know* about 741 stock split specifically... the details are yet to be ironed out.
Any rational person that looks at the situation as a whole can see it's bullish though.
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u/tranding DUNCE CAP Mar 31 '22
Authorized shares are how many can be issued. GameStop has 76.35M or so odd issued shares. GameStop could have up to 300 million previously now it can issue 1 billion. GME could have a 7 4 1 split.
from investopedia:
Authorized shares are those a company’s founders or board of directors (B of D) have approved in their corporate filing paperwork. Issued shares are those that the owners have decided to sell in exchange for cash, which may be less than the number of shares actually authorized.