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Business
Anushka Dutta

What Should Investors’ August Gameplan Be for GameStop (GME)?

GME GameStop Crypto

GameStop Corp. (GME), the signature meme stock, faces frequent executive changes. Recently, the company announced that its finance chief Diana Saadeh-Jajeh would resign this month. This marks the second high-profile exit in two months.

For the fiscal first quarter, the company reported a fall in net sales to $1.24 billion, lower than the $1.36 billion analyst estimate. Following its bleak topline results, the company fired its previous CEO Matthew Furlong and appointed Ryan Cohen as executive chairman, who has an ambitious vision for greater digitization.

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