GameStop Corp’s annual shareholders meeting faced significant disruption on Thursday when servers crashed due to an overwhelming amount of traffic.
The meeting, scheduled for 11 am ET, was hosted by Computer Share, whose servers were unable to handle the unexpected volume of participants.
Technical difficulties leave GME shareholders frustrated
The technical issues began as shareholders attempted to log into the virtual meeting, only to be met with error messages instead of access to the event.
A customer service representative from Computer Share, the hosting firm, told CNBC that the servers were not prepared for such high traffic levels, leading to the malfunction.
According to the representative, the company was actively working to resolve the technical bugs. However, the incident left many shareholders unable to participate in the important annual event.
Impact of the server crash on GameStop’s shareholder relations
The disruption highlights the growing interest and involvement of GameStop’s shareholders, reflecting the company’s heightened profile in the retail and investment communities.
However, the server crash also underscores the challenges of managing large-scale virtual events, especially when unexpected levels of participation occur.
GameStop has been under intense scrutiny and has garnered significant attention from both retail investors and the broader financial market.
The technical difficulties experienced during the shareholders meeting may prompt the company and its service providers to reassess and upgrade their infrastructure to better accommodate future events.
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