GameStop is currently looking for a new CEO to replace Sherman as it pivots from a brick-and-mortar video game retailer to an e-commerce firm, Reuters reported on Monday, citing three sources.
NEW YORK: The Reddit user who helped fuel the surge in GameStop Corp’s stock price this year has doubled down on his bet by exercising his call options and buying even more shares.
Keith Gill, who goes by monikers “Roaring Kitty” and “DeepF_gValue, ” posted a screenshot of his portfolio showing that he has exercised 500 GameStop call options expiring Friday at a strike price of US$12 (RM49.51), giving him 50,000 more shares. The stock closed at US$154.69 on Friday.
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