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(Reuters) - GameStop Corp's George Sherman will step down as chief executive officer in the biggest shakeup at the video game retailer, giving top shareholder Ryan Cohen more control as he leads ...
The company's shares, which were at the heart of a Reddit-driven trading frenzy, jumped 9% in premarket trade on Monday after GameStop said Sherman would resign on or before July 31 and that it ...
Investors pushed the stock price down more than 20% in after-hours trading, continuing a roller-coaster ride that started in early 2021 when retail investors piled in to prove hedge fund betting ...
1.6.8 Other news in 2021 to 2024. ... GameStop acquired Rhino Video Games, ... George Sherman announced that he will step down as CEO of GameStop by July 31, 2021.
Video. Follow Us. GameStop stock rises on CEO resignation announcement. April 19, 2021 at 10:23 AM ...
He joined GameStop as COO in 2008, became CEO in June 2010, and stepped down due to brain cancer in November 2017. [5] He received total compensation of $9.1 million in 2015 and $7.8 million in 2016. [6] Raines was a member of the board of directors of GameStop, J.C. Penney, and Advance Auto Parts.
GameStop's first quarter came in worse than Wall Street had hoped, with revenue of $1.24 billion coming in short of analysts expectations for $1.34 billion. Shares of GameStop fell nearly 20% at ...
(Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years after the surprise exit of a CEO handpicked to lead its online expansion fanned concerns about the ...