GameStop reopens select stores and shifts focus to collectibles amid insider stock buys

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 confidence in the company. GameStop's sales are increasingly driven by collectibles, which made up 45.1% of net sales last quarter, up from 29% the previous fiscal year, with collectibles sales rising 57% year-over-year. The shift away from traditional video games highlights a strategic pivot toward higher-margin products.

GameStop's market capitalization stands at $10.67 billion as of September 14, 2026, 23:51 WIB, reflecting its significant presence in the consumer cyclical sector. The stock price on Pluang is $21.69, showing a 2.55% increase over the past day. This market activity coincides with strategic moves by the company, including reopening select stores and an increased focus on collectibles, which are driving sales growth.