GameStop Corp. (NYSE:GME) CEO Ryan Cohen just added another eight-figure bet on his own company.
A Form 4 filed with the U.S. Securities and Exchange Commission on Thursday shows that Cohen purchased 1 million shares of GameStop Class A common stock in an open-market transaction earlier that same day.
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Cohen Likes the Stock
The purchase price ranged from $20.02 to $20.47 per share per share, with a weighted average of roughly $20.38, and Cohen’s total daily outlay came to about $20.4 million.
