GameStop shares rose 7% after announcing a performance-based pay plan for CEO Ryan Cohen. Cohen stands to earn billions if market cap grows tenfold and EBITDA hits $10 billion by 2035. Stock is down 40% from 52-week high. Cohen’s pay plan fully vests at $100 billion valuation. Investors optimistic due to Cohen’s confidence in GameStop’s future. Expansion into collectibles and crypto pivot driving interest. Options data points to potential 23% rally by June. Lack of Wall Street coverage poses risk of excess volatility and speculation.
Read more at Barchart: A $100 Billion Reason to Buy GameStop Stock Today
