BUZZ-GameStop jumps after CEO Ryan Cohen buys another 500,000 shares
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GameStop shares rose 6% to a one-month high of $23 after CEO Ryan Cohen purchased an additional 500,000 shares at an average price of $21.60, totaling approximately $10.8 million. This acquisition increases his stake to about 8.5% of the company. Earlier this month, GameStop announced a performance-based compensation plan for Cohen, potentially worth $35 billion. Overall, GameStop shares have increased by about 15% at the start of 2026, despite a 36% decline last year.
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