Updated
Updated · CNBC · Sep 22
GameStop Rises 3.5% After Ryan Cohen Buys 1.2 Million Shares
Updated
Updated · CNBC · Sep 22

GameStop Rises 3.5% After Ryan Cohen Buys 1.2 Million Shares

1 articles · Updated · CNBC · Sep 22

Summary

  • GameStop shares gained 3.5% in premarket trading after CEO Ryan Cohen disclosed buying 1.2 million shares.
  • Cohen’s purchase gave the meme stock an early boost, standing out among the companies moving before the bell.
  • Elsewhere, Alibaba rose more than 3% on cloud expansion plans, while Quest Diagnostics and Labcorp each fell more than 5% after a Medicare payment report.

Insights

What hidden detail in Vicor's new AI power licensing deal is prompting insiders to sell despite the massive revenue spike?
How will healthcare giants survive a billion-dollar revenue wipeout as Medicare slashes laboratory payouts to match private insurers?
Can Alibaba's secretive new AI chip truly disrupt the global tech race with its massive performance leap?