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GameStop shares tumble after CEO says store network will shrink

By Suzanne McGee and Priyanka G

Jun 18 2024 4:15PM

But did not provide details on what it intends to do with its cash pile.

GameStop shares tumble after CEO says store network will shrink

Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends to do with its cash pile. GameStop shares were down 11.6 percent at US$25.38 on Monday afternoon after ...

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