Business · Companies · 2 hrs ago
GameStop CEO raises stake to 9.1% with nearly $23 million purchase
GameStop’s CEO bought nearly $23 million in shares, raising their stake in the company to 9.1%.
The purchase increases the CEO’s ownership of the video game retailer.
GameStop recently sought to buy eBay for about $56 billion, but eBay rejected the offer.
The proposed deal would have brought the two companies together under GameStop.
GameStop shares have risen 35.6% this year, according to the information available.
No next step is stated.
GameStop CEO Ryan Cohen raised his stake in the company to 9.1%.
He bought nearly US$23 million worth of GameStop shares.
The purchase was reported in a story published on October 13, 2026.
GameStop previously sought to buy eBay for about US$56 billion, but eBay rejected the offer.
GameStop shares have risen 35.6% this year.
- Who
- GameStop CEO Ryan Cohen.
- What
- He bought nearly US$23 million worth of shares, raising his stake to 9.1%.
- When
- October 13, 2026; the article does not state when the purchase occurred.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Stake
- 9.1%
- Purchase
- Nearly US$23 million
- eBay offer
- About US$56 billion
- GameStop shares
- Up 35.6% this year
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