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Benzinga
Benzinga
Technology
Madhukumar Warrier

GameStop Extends Rally After-Hours: Is News Of Ryan Cohen Boosting Stake Responsible?

Ryan Cohen GameStop NYSE GameStop Corp GME

Shares of GameStop Corp. (NYSE:GME) surged more than 16% in Tuesday’s extended trading after chairman Ryan Cohen raised his stake in the videogame retailer.

What Happened: Cohen bought another 100,000 shares of GameStop on Tuesday through his investment firm RC Ventures, according to a regulatory filing.

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