GameStop shares surge as Ryan Cohen buys more stock

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GameStop shares surge as Ryan Cohen buys more stock
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GameStop feels more love from its chairman Chewy,com founder Ryan Cohen.

GameStop shares are getting a big boost after its chairman bought more stock.

Shares rose another 11% in pre-market trading, following the extended session that saw a surge of more than 30%. Ryan Cohen joined GameStop's board in January 2021 after RC Ventures amassed a 13% stake in the video game retailer. In June 2021, he was elected as GameStop's board chairman. The videogame retailer’s chairman, Ryan Cohen, disclosed his firm bought 100,000 shares of the company’s stock on Tuesday.

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