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The company said it will use the proceeds from the sale for general corporate purposes, which may include acquisitions and investments. GameStop last week said it expects its first-quarter net ...
GameStop Corp. is an ... GameStop's operations expanded to over 4,250 stores worldwide as a result of the acquisition. In 2007, GameStop acquired ... Other news in ...
GameStop Chair Kathy Vrabeck and board member Raul Fernandez sold shares from January 13 to 16, making $1.4 million, and likewise, board member Lizabeth Dunn cashed in $156,700. [110] [111] GameStop CEO George Sherman owns over 2.3 million shares in the company, according to Bloomberg News. These shares were worth $44 million on December 31 ...
GameStop is a heavily shorted stock, with short interest just above 21% of the float. The company took advantage of mid-May's unexpected meme rally, selling 45 million shares to bring in about ...
GameStop CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S. Federal Trade Commission's claim that he failed to report acquisition of more than $100 million worth of Wells ...
Entrepreneur. activist investor. Known for. Founder and CEO of Chewy (2011–2018) Executive Chairman of GameStop (2021–present) Signature. Ryan Cohen (born 1986) [1] is a Canadian entrepreneur and activist investor. [2][3] He founded e-commerce company Chewy in 2011, and was the company's chief executive officer (CEO) until 2018.
The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop ...
May 15, 2024 at 1:33 PM. NEW YORK (Reuters) - Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the ...