GameStop Corp. (NYSE:GME) saw its share prices grow by 4.78 percent on Friday, closing at $23.88 apiece. CEO Ryan Cohen hinted at a major acquisition that could transform the company and the capital markets. Cohen aims for a $100 billion market cap and $10 billion EBITDA to trigger an equity incentive program. GameStop Corp. (NYSE:GME) has been successful in cutting costs and increasing profitability, with a 343 percent growth in net income in the third quarter of last year. Investors are advised to consider AI stocks for potential returns.
Read more at Yahoo Finance: GameStop (GME) Climbs 4.8% on Ambitious Billion-Dollar Acquisition
