In a highly-anticipated event, Gamestop's shareholder meeting encountered a technical problem on Thursday, leaving many eager investors unable to access the livestream. The issue arose as Computershare, the company hosting the webcast, struggled to meet the unprecedented demand from shareholders seeking to participate in the event.

A spokesperson from Computershare confirmed the technical issue caused by the overwhelming number of investors attempting to log in. Consequently, the meeting was promptly adjourned. Apologizing for the inconvenience caused, the spokesperson assured that measures would be taken to prevent similar incidents in the future.

Scheduled to commence at 11 a.m. ET, numerous users reported encountering difficulties when attempting to access the livestream link around that time. Error messages and failed loading attempts greeted those who were eager to join the meeting. Reports from participants who managed to briefly connect to the call indicated that Gamestop acknowledged the "technical difficulties" before adjourning the meeting. The rescheduling of the event remains uncertain.

Despite the disruption, Gamestop's shares managed to rise by more than 6% by Thursday afternoon. As the center of the meme stock trend, the company experienced a resurgence last month following the return of Keith Gill, widely known as "Roaring Kitty," as a vocal supporter. Gill recently expressed his belief in Gamestop's management team's ability to turn the struggling company around, following disappointing earnings reports.

However, Gamestop still faces challenges. Although the company narrowed its losses in the first quarter, its revenue declined due to weaker sales in hardware and accessories, software, as well as collectibles. To address these financial concerns, Gamestop also filed paperwork with securities regulators indicating its intention to sell up to 75 million shares of stock.