GameStop Insider Makes Over $58K On A Single Trade — Courtesy Roaring Kitty-Spurred Rally
Portfolio Pulse from Surbhi Jain
Mark Robinson, general counsel at GameStop, sold 2,215 shares of GameStop stock for over $58,000 following a Roaring Kitty-spurred rally. This sale came after Robinson acquired 9,300 shares at no cost as part of a restricted stock unit issuance. The transaction highlights ongoing market interest and volatility in GameStop stock.
June 19, 2024 | 3:42 pm
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Mark Robinson, GameStop's general counsel, sold 2,215 shares for over $58,000 following a rally influenced by retail investor enthusiasm. This insider trade underscores the ongoing volatility and market interest in GameStop stock.
The sale by a key insider following a significant rally indicates confidence in the stock's current valuation and highlights the ongoing market interest and volatility. This could positively influence short-term investor sentiment.
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