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The Latest Breaking News from Matt Furlong

GameStop stock higher as billionaire investor Ryan Cohen assumes CEO role

Ryan Cohen, the billionaire meme stock investor, will take on the role of group CEO as it struggles to return to profit.

GameStop’s Unusual Options Activity Shows How Delusional Investors Can Be

GameStop’s Unusual Options Activity Shows How Delusional Investors Can Be

GameStop fires its CEO after two years. GME shares fall nearly 20%. The Ryan Cohen-backed company’s unusual options activity suggests average investors can’t break their love of lousy meme stocks.

GameStop Plunges As CEO Matt Furlong Fired Following Wider Q1 Loss; Ryan Cohen Takes Over

GameStop Plunges As CEO Matt Furlong Fired Following Wider Q1 Loss; Ryan Cohen Takes Over

Billionaire investor Ryan Cohen will assume the role of GameStop CEO, the company said.

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GameStop Expert Says ‘Apes’ Learned ‘So Much’ About Market, Are Helping Push For SEC Changes

The rise of shares of GameStop Corporation was one of the biggest storylines and controversial of the financial markets in 2021

Let's Pump the Brakes On GameStop's Profitable Quarter

At the risk of angering the meme stocks/Reddit crowd, the company's trajectory still looks a lot more like Sears than it does like Best Buy's.

Don’t Let GameStop’s Unusual Options Activity Cloud Your Judgement

GameStop announced a small profit on Tuesday after the close. Wednesday’s stock and options volume went through the roof. GameStop has a long way to go before it’s worth owning for the long haul. Don’t let yesterday’s activity cloud your judgment.

Memestock Traders React to GameStop's Unexpected Comeback

Talk about a stock-shocker.

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Layoffs precede GameStop’s latest glimpse into how its turnaround is working

GameStop is laying off workers only a few weeks before the holidays, with a team working on the company’s crypto initiatives reportedly hard hit.

Tribune News Service

GameStop just became the latest tech company to lay off workers—and it’s cut down on its crypto team

GameStop just became the latest tech company to lay off workers—and it’s cut down on its crypto team

“Super sad to say I was a part of the layoffs today at GameStop,” one software engineer wrote on LinkedIn.

GameStop Just Realized Blockchain Won't Save It

GameStop Just Realized Blockchain Won't Save It

The company just started its third round of layoffs this year.

GameStop Stock Leaps As FTX Deal Offsets Another Q2 Loss, Cash Burn Concerns

GameStop Stock Leaps As FTX Deal Offsets Another Q2 Loss, Cash Burn Concerns

"Our path to becoming a more diversified and tech-centric business is one that obviously carries risk and will take time," said CEO Matt Furlong.

GameStop Stock Edges Lower After Wider Q1 Loss, No Near-Term Sales Guidance

GameStop Stock Edges Lower After Wider Q1 Loss, No Near-Term Sales Guidance

'We are pursuing growth opportunities in the cryptocurrency, NFT, and Web 3 gaming verticals, all of which we expect to be increasingly relevant for gamers of the future," said CEO Matt Furlong.

GameStop Stock: Is the Company's Turnaround Plan Working?

GameStop Stock: Is the Company's Turnaround Plan Working?

The company says it has a plan that's working. Is it?

GameStop Says Has Learned From Past Mistakes: Touts Crypto, Blockchain, NFT Forays As It Focuses On 'Future Of Gaming'

GameStop Says Has Learned From Past Mistakes: Touts Crypto, Blockchain, NFT Forays As It Focuses On 'Future Of Gaming'

GameStop Corporation (NYSE: GME) has learned from the “mistakes of the past decade” when it failed to adapt to the future of gaming, CEO Matt Furlong said on the company’s fourth-quarter earnings call on Thursday.

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