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Shares of GameStop fell sharply Thursday after the company fired CEO Matthew Furlong, the former Amazon executive who was brought in two years ago to turn the struggling video game retailer around.
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 ...
GameStop fired its CEO Wednesday with no explanation and abruptly canceled its earnings call, pushing at least one Wall Street analyst to reiterate a view the video game retailer remains "doomed."
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(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 ...
Meme stock king Ryan Cohen is taking control of GameStop. The Chewy founder, who already serves as chairman of the board and owns roughly 12% of the company’s stock, has been named president and ...
The company has already hired former Amazon and Google executive Jenna Owens as its new chief operating officer. GameStop shares jump after CEO steps down, 'Roaring Kitty' raises stake Skip to ...
(Reuters) -Amazon CEO Andy Jassy said at an all-hands meeting on Tuesday that the plan to require employees to be in-office five days per week is not meant to force attrition or satisfy city ...