BUZZ-GameStop stock rises as CEO purchases shares worth $10.5 million again
路透社2026/09/30 10:28September 30 - ** Video game retailer GameStop (GME.N) shares rose 1.7% in premarket trading to $24.16
** CEO Ryan Cohen disclosed the purchase of 447,000 shares of company Class A stock at prices ranging from $23.4753 to $23.4499 per share, for a total value of about $10.56 million, according to documents from the U.S. Securities and Exchange Commission (SEC)
** According to data compiled by London Stock Exchange Group (LSEG), Cohen currently directly holds 40.95 million shares, accounting for 8.12% of GME's total share capital
** Earlier this month, Cohen bought (link) 1.15 million shares worth $26.4 million and an additional 1 million shares (link)
** In August, GameStop made a non-binding offer to acquire eBay for $55.5 billion ($125 per share), but eBay's EBAY.O board rejected the offer
** The company's current price-to-earnings ratio is 13.03 times expected earnings for the next 12 months, slightly above the sector median of 12.61 times
** As of the previous trading day's close, the stock was up 18.33% year to date
(To assist non-English speakers, Reuters has automated its reports into several other languages. Since automated translation may include errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers' convenience. Reuters accepts no responsibility for any damage or loss arising from the use of the automated translation service.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After Jensen's resignation, the "Big Short" doubles down on shorting tech stocks! Warns the AI boom may turn into a "bull trap"
Michael Burry increased his short positions following Huang Renxun's resignation. He compared Nasdaq’s October peak to the top of the 2000 internet bubble. On November 12th, he doubled his put option positions on the Nasdaq 100, with expiry set for early 2027, and rebuilt put options on the VanEck Semiconductor Index. He directly warned investors to "exit the market" and predicted a significant correction in chip stocks before mid-2027.

Tesla (TSLA.US) Cybercab limited pre-orders open: priced at $29,990, with an additional monthly operating fee of $299
According to reports, Tesla has invited select customers to reserve the Cybercab, taking a step toward launching this self-driving model to general consumers.

Fed Vice Chair Sets the Tone: Inflation Is the "Most Important Signal," Interest Rate Decisions Depend on It
Federal Reserve Vice Chair Philip Jefferson stated that when policymakers consider whether to raise interest rates further, inflation has become the most important metric.
Elon Musk Leads Petition! Silicon Valley Supports Jensen Huang as Tens of Thousands Call for the Return of the Founder
Elon Musk has publicly co-signed a petition in support of Jensen Huang’s return to NVIDIA. The number of signatures on the petition website has surpassed 14,000, causing the site to almost crash due to a surge in traffic. What is raising further alarm in the capital markets is that NVIDIA’s core engineers have made collective statements, warning that if senior management mishandles the situation, key technical talent may leave, potentially undermining NVIDIA’s competitive moat.