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GameStop jumps 4% as CEO Ryan Cohen buys $10.6M more shares, boosting gaming stocks.

Market News
30 Sep 2026
24/7 Wall Street
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Bullish
GameStop jumps 4% as CEO Ryan Cohen buys $10.6M more shares, boosting gaming stocks.

GameStop's stock rose 4% following CEO Ryan Cohen's recent purchase of 450,000 shares worth $10.6 million, continuing his pattern of insider buying that has supported the stock despite challenges in the traditional gaming retail business. This buying spree has also lifted other gaming stocks like Take-Two Interactive and Roblox, which gained 3% each. GameStop's recent quarter showed a 19% sales decline but a 77% rise in net income, driven by cost cuts and growth in collectibles. Investors should watch for further insider buying or strategic progress to sustain momentum amid ongoing market volatility.

GameStop shares have gained 4.29% on Pluang, trading at USD 24.78 as of Oct 01, 2026 00:22 WIB, showing strong momentum consistent with recent insider buying. Take-Two Interactive also rose 3.09% to USD 209.04, while Roblox increased 2.52% to USD 42.23 at the same time. These movements highlight ongoing investor interest in gaming stocks on Pluang.

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