GameStop rally fades a bit, as reports surface of search underway for new CEO
The Grapevine-based video game company is said to be searching for a replacement for CEO George Sherman.
An analyst Edward Woo threw cold water on GameStop's hot streak when he wrote in a note to investors increasing digital sales for video-game publishers is a looming risk given GameStop’s minimal market share.(John Minchillo)
GameStop Corp.’s shares fell on Monday, heading toward the longest losing streak in a year, after another analyst questioned the video-game retailer’s long-term potential despite activist Ryan Cohen’s latest efforts to revitalize the company.