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GameStop rises after CEO Ryan Cohen boosts stake in company

ReutersApr 4, 2025 9:25 AM

Shares of videogame retailer GameStop GME.N rise 4% to $22 in premarket trade

CEO Ryan Cohen purchases 500,000 shares of GME on Thursday

Cohen now has a stake of 8.4% in GME as of April 3

Last month, GME said its board has approved the addition of bitcoin as a treasury reserve asset

Up to last close, GME has fallen 32% YTD; it jumped 78% last year

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