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GameStop’s stock soars after activist investor Ryan Cohen named CEO

Clyde Edgerton by Clyde Edgerton
September 28, 2023
in Markets
GameStop’s stock soars after activist investor Ryan Cohen named CEO
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Shares of GameStop Corp. surged Thursday, after the consumer electronics retailer named Ryan Cohen as it president and chief executive officer, effective immediately.

The move, which wasn’t unexpected, comes a few months after the company fired then-CEO Matthew Furlong, and elected activist investor Ryan Cohen as executive chairman. At that time, Cohen said in a tweet, “Not for long.”

Cohen…

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