GameStop’s stock price surged Wednesday after the “Reddit rally” favorite hinted at efforts to supercharge its digital growth plans.
Shares in the Texas-based video …
GameStop’s stock price surged Wednesday after the “Reddit rally” favorite hinted at efforts to supercharge its digital growth plans. Shares in the Texas-based video game retailer climbed as much as 10 percent to an intraday peak of $49.57 after it announced that chief financial officer James Bell would leave on March 26 after less than two years in the job. The company said it’s hired an executive search firm to help pick a successor who can “help accelerate GameStop’s transformation.” The company has been seeking to shift its business from selling physical video game equipment to dealing in digital games as the industry moves online.
