GameStop CEO Ryan Cohen Buys $26.4 Million in Company Stock
The insider purchase pushed GameStop shares higher in the Sept. 21 session.
GameStop president Ryan Cohen bought $26.4 million worth of GME stock, and shares rose on the news during the Sept. 21 session.
GameStop shares jump on Cohen's $26.4M buy
GME's price around Sept. 21 shows the pop that followed disclosure of Ryan Cohen's insider purchase, letting readers judge the move against recent trading.
Live GME price series; purchase details from Investing.com wire reports on Cohen's $26.4M stock buy.
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<figure><a href="https://www.indy.finance/news/gamestop-ceo-ryan-cohen-buys-26-4-million-in-company-stock"><img src="https://www.indy.finance/news/gamestop-ceo-ryan-cohen-buys-26-4-million-in-company-stock/graphic.svg" alt="GameStop shares jump on Cohen's $26.4M buy" width="1200" height="675"></a><figcaption>GameStop shares jump on Cohen's $26.4M buy — <a href="https://www.indy.finance/news/gamestop-ceo-ryan-cohen-buys-26-4-million-in-company-stock">Indy Finance</a></figcaption></figure>If GameStop's next earnings report shows deteriorating core retail sales despite the insider buying, the bullish read on this purchase would be weakened.
- Investing.com — All NewsGameStop shares rise as CEO Cohen buys $26.4M in stockExternal ↗
- Investing.com — All NewsGameStop president Ryan Cohen buys $26.4m in GME stockExternal ↗
Produced automatically by the INDY NEWS Desk from the public wire sources cited above, and checked against them before publication. Market commentary, not investment advice.