GameStop (GME) New CEO, CFO Have Starting Salary of $200K and Eligible for Millions More in Bonuses and Restricted Stock Units
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GameStop (GME) Shares Down 5% Following Earnings, 5M Share Offering, Announcements of new CEO and CFO
June 9, 2021 4:40 PM EDTGameStop (NYSE: GME) shares are moving 5% lower in the after hours, as the company reported its Q1... More
GameStop (GME) Plans to File 5M Shares At-the-Market Offering
June 9, 2021 4:17 PM EDTGameStop (NYSE: GME) intends to file with the U.S. Securities and Exchange Commission a prospectus supplement to the base prospectus included in the Companys shelf registration statement on Form S-3 (File No. 333-251197) under which the Company may offer and sell... More
GameStop (GME) Tops Q1 EPS by 38c, Revenue Beats, Offers Outlook
June 9, 2021 4:10 PM EDTGameStop (NYSE: GME) reported Q1 EPS of ($0.45), $0.38 better than the analyst estimate of ($0.83). Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.16 billion.
2021 Outlook:
GameStop is continuing to suspend guidance at this time; however,... More
GameStop taps Amazon Australia chief as CEO, may sell shares
June 9, 2021 4:08 PM EDTBy Svea Herbst-Bayliss, Noel Randewich and Eva Mathews
(Reuters) -GameStop on Wednesday named the head of Amazon's Australian business as its CEO and said the struggling videogame retailer may sell new shares, sending its volatile stock down 7% in extended trade and disappointing some of its ardent fan base of individual investors.
In a quarterly report that was stronger than analysts forecast, GameStop said it may sell up to 5 million new shares, which would be worth $1.4 billion based on its latest share price.
Matt Furlong, a nine-year Amazon veteran, will succeed George Sherman as chief executive officer.... More
GameStop (GME) Announces Appointments of Chief Executive Officer and Chief Financial Officer
June 9, 2021 4:05 PM EDTGameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has appointed Matt Furlong as Chief Executive Officer and Mike Recupero as Chief Financial Officer. Mr. Furlong and Mr. Recupero join from Amazon, where they each held senior roles and oversaw various growth initiatives during their respective tenures. Mr. Furlongs start date is June 21, 2021 and... More
