GameStop shares climbed 5.4% after the company amended its $1.4 billion convertible notes exchange to include $358.4 million in cash, reducing

GameStop Announces Amendment to Convertible Notes Exchange; Approximately $358.4 Million to be Settled in Cash in Lieu of Stock

GameStop stock rose premarket after projecting Q2 net income up to $310 million, fueled by a $238 million eBay investment gain and updated debt exchange terms.