Correction - BUZZ - GameStop shares rise after its CEO purchases nearly $23 million worth of company stock
路透社2026/10/14 09:20Correction to point 6: According to Bloomberg, this news was released in August, not May.
October 14 - ** Video game retailer GameStop (GME.N) shares rose 1.87% in pre-market trading to $27.73
** The company's CEO Ryan Cohen purchased $22.8 million (link) worth of shares, increasing his stake to 9.1%, according to U.S. Securities and Exchange Commission (SEC) filings
** Cohen bought 844,130 shares at a price between $26.75 and $27 per share
** This is Cohen's second stock purchase this month; previously, on October 2, he spent $17.1 million to buy shares, according to SEC filings
** GME made a $55.5 billion acquisition offer for eBay (EBAY.O) in May, valuing each share at $125, but eBay rejected the offer
** Bloomberg reported in August (link) that Cohen is considering alternative options for the eBay acquisition, including forming a partnership or establishing a joint venture
** As of the previous trading day close, GME shares hovered near a one-year high, with a cumulative gain of over 35% this year
(To facilitate non-native English speakers, Reuters provides automated translation of its reports into several other languages. Because automated translations may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for reader convenience. Reuters accepts no responsibility for any damage or loss arising from the use of automated translation features.)
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