GameStop shares are trading higher after a Form4 filing showed Ryan Cohen bought 443,842 shares of stock at an average price of $22.53 per share.
Portfolio Pulse from Benzinga Newsdesk
GameStop shares are trading higher after Ryan Cohen bought 443,842 shares at an average price of $22.53 per share and RC Ventures LLC increased its stake in the company to 12.1%.
June 13, 2023 | 12:51 pm
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GameStop shares are trading higher after Ryan Cohen's purchase of 443,842 shares and RC Ventures LLC increasing its stake to 12.1%.
The news of Ryan Cohen's purchase and RC Ventures increasing its stake in GameStop is a positive signal for investors, as it shows confidence in the company's future. This is likely to drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100