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20.04.2021 02:14:38

Why GameStop Stock Popped Today

Shares of GameStop (NYSE: GME) rose 6.3% Monday after the video game retailer announced its CEO succession plan. Current CEO George Sherman will step down on July 31, or potentially sooner if a new chief executive is found. GameStop said in its annual report on March 23 that its board of directors had initiated a search for a replacement for Sherman, one with the skills and experience to oversee its turnaround efforts.GameStop's stock price climbed Monday as shareholders applauded the timeline for its CEO search. Image source: Getty Images.Continue reading
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