GameStop to the Moon On Stock Split?

After a harsh end to the first quarter on Thursday, GameStop  (GME) – Get GameStop Corp. Class A Report stole the headlines after the close. That’s when the company announced that it plans to split its stock.

Specifically, management wants to increase its share count to 1 billion shares, up from 300 million.

As TheStreet reported earlier: “GameStop did not provide further details. The company does not for example spell out the mechanism of this split, like the ratio, in the form of a stock dividend.”