Weekly Recap | GameStop +7.53%, CEO buying lifts shares
Weekly Review·
- GameStop's stock rose 7.53 % this week to close at $ 26.56, outperforming the S & P 500.
- The weekly gain was primarily driven by CEO Ryan Cohen's substantial share purchases totaling approximately $ 27.7 million, despite concurrent insider selling by other executives.
- The company trades at a P / E ratio of about 13.33 and a P / B ratio of about 1.94, while analysts maintain a consensus target price of $ 13.5.
