GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
GMEGameStop(GME) Benzinga·2024-09-20 22:03

GameStop Corp‘s GME stock price is up 17.04% year-to-date but down 12.43% over the past month.The Federal Trade Commission (FTC) recently slapped a fine on CEO Ryan Cohen, adding fuel to the fire, and further stoking the volatility that GameStop stock investors are used to.Cohen agreed to pay almost $1 million to settle charges from the FTC. His failure to report the acquisition of Wells Fargo shares promptly resulted in a sharp focus on his management.This legal hiccup hasn't exactly helped GameStop’s stoc ...