GameStop Plugs 'Infinite Money Glitch', Stock Starts Printing Cash

benzinga_article
2026.01.22 21:27
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GameStop Corp. (NYSE:GME) saw a 10% stock increase this week due to significant insider purchases by CEO Ryan Cohen and a recently discovered 'infinite money glitch' related to the Nintendo Switch 2. The glitch allowed customers to profit from trading in the console, prompting GameStop to confirm and patch the issue. Cohen's purchase of 1 million shares, totaling $21 million, has boosted investor sentiment, reinforcing GameStop's status as a leading meme stock.