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GameStop stock fell as much as 15% during the struggling video game retailer's annual shareholder meeting on Monday as the company gave few details on its strategy going forward.Chairman and CEO ...
GameStop shares were down 11.6% at $25.38 on Monday afternoon after the annual general shareholder meeting, which lasted about 20 minutes. ...
GameStop chairman and CEO Ryan Cohen foiled his plans that very day, showering the market with 75 million newly issued shares—a 20% capital increase—to rake in $2 billion, tanking the stock in ...
Gamestop's highly-anticipated shareholder meeting ran into a technical problem Thursday — resulting in many eager investors being unable to log on to the livestream. A spokesperson for ...
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’s annual shareholder meeting was disrupted by computer problems Thursday, as servers crashed under overwhelming interest in the stream, a customer service representative for the company ...
Since then, Cohen has been instrumental in a number of changes at GameStop, [29] including the departure of multiple executives and ten members of the board of directors, [27] and the hiring of multiple Amazon and Chewy executives in leadership positions. [30] He became chairman following the annual shareholder meeting. [9] [31]
GameStop's Australian subsidiary EB Games Australia was the only arm of the global GameStop business not to report huge COVID-related losses, with sales instead soaring by 30 per cent. In Australia COVID-19 lockdowns were managed by the Australian Federal Government National Cabinet which largely permitted retail stores to remain open with ...