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Market Impact: 0.28
GameStop Jumps 4% as Ryan Cohen Buys 1.15 Million More Shares
Source: 247wallst.com
Insider TransactionsInvestor Sentiment & Positioning
GameStop shares rose in Tuesday morning trading to $23 after Chairman and CEO Ryan Cohen disclosed his second seven-figure open-market stock purchase in two weeks. The repeat insider buying signals management confidence and is supporting near-term investor sentiment, though no purchase amount or operating update was provided.
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