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Updated · CNBC · Sep 11GameStop Rises Over 3% After Ryan Cohen Buys 1 Million Shares
3 articles · Updated · CNBC · Sep 11Summary
- GameStop gained more than 3% in premarket trading after CEO Ryan Cohen disclosed buying 1 million shares at an average price of $20.375.
- Cohen now holds 39.347 million shares of the meme-stock retailer, a stake worth about $802.28 million based on Thursday's close.
- The move stood out in a mixed premarket session: Oracle jumped more than 6% on an earnings beat, while Adobe fell 4% and Kroger lost 3% after results.
Insights
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