From Barchart: 2025-05-26 13:50:00

GameStop shares surged by 27% after the company announced plans to expand its board of directors with three new members. The move is seen as an effort to boost the struggling retailer’s turnaround efforts. GameStop has been facing declining sales and store closures, but the stock rally indicates renewed investor optimism in the company’s future prospects. The video game retailer’s shares have been a target for Reddit traders in recent months, driving up the stock price in a phenomenon known as a “short squeeze.” GameStop’s stock has risen by more than 900% this year.



Read more at Barchart: GameStop Stock Could Surge From Here