Top GameStop Executive Makes Bold Multimillion-Dollar Move
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GameStop's CEO Ryan Cohen has purchased 1,000,000 shares of the company, valued at $21.35 million, indicating strong confidence in its future. Despite this, TipRanks' AI Analyst rates GME as Neutral due to improving profitability and cash flow, but constrained by weak technical trends and a middling valuation profile. GameStop's current market cap is $9.45 billion, with a year-to-date price performance of 8.02%.
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