GameStop announced it will reopen select stores starting September 11 after closing many locations to cut costs. This move coincides with company insiders, including CEO Ryan Cohen and board member Alain Attal, investing over $20 million in GameStop stock. The retailer's sales are increasingly driven by collectibles, which now make up 45.1% of net sales, up from 29% in fiscal 2025, reflecting a 57% growth in collectibles sales year-over-year. This strategy shift and insider buying signal renewed confidence in GameStop's evolving business model.
GameStop announced it will reopen select stores starting September 11, after a period of closures and cost-cutting. This move coincides with CEO Ryan Cohen purchasing 1 million shares and board member Alain Attal buying 5,000 shares, signaling confid...
Roblox shares surged 10% following Wedbush's increase of its 12-month price target to $48, though the analyst maintained a neutral rating due to ongoing concerns about monetization and investment risks. The rally was driven by new features announced ...
GameStop's stock rose 4% after CEO Ryan Cohen purchased one million shares in the open market, signaling strong insider confidence. This move stands out as the broader gaming sector, including Take-Two and Roblox, showed little change. Despite a 19% ...
On the day GameStop released its earnings report, an insider purchased $1 million worth of company shares. This move suggests strong confidence in the company's future despite market uncertainties. Insider buying often signals positive expectations a...
