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CFOs Vow to Boost Tech Influence in 2023
Greater vigilance in overseeing technology strategy shapes up as a key priority for the coming year.
By
David McCann
| February 6, 2023
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GameStop
Turnarounds
Meme Stock Phenomenon Presents Opportunities for CFOs
What starts out as a “cultish response to a flagging brand” can result in favorable outcomes for the formerly distressed issuer.
By
Vincent Ryan
| August 19, 2021
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People
CFOs On the Move: Week Ending June 11
Poshmark, GameStop, Shake Shack, Chubb Group, Kinnate Biopharma, NOVA Chemicals, Teradata, May Mobility, Emory Healthcare, IAC
By
Lauren Muskett
| June 11, 2021
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Financial Performance
GameStop Stock Falls On Q1 Results; Hires New CEO, CFO
The video game retailer hired two Amazon veterans to help it make a push into e-commerce.
By
Lauren Muskett
| June 10, 2021
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Risk & Compliance
SEC Reviewing Rules for ‘Gamified’ Trading Apps
“If we don’t address this now, the investing public may shoulder a burden later,” SEC Chairman Gary Gensler says.
By
Matthew Heller
| May 6, 2021
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Risk & Compliance
GameStop Board to See Mass Departure
Chewy co-founder Ryan Cohen, who owns a 13% stake in the retailer through his RC Ventures, has been pushing for changes at the company.
By
Lauren Muskett
| March 25, 2021
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People
GameStop Stock Soars After CFO Resigns
Jim Bell reportedly was forced to resign as part of a push by activist investor Ryan Cohen to "reshape the ailing retailer.”
By
Matthew Heller
| February 24, 2021
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Social Media
SEC Sends a Message to Social Media Stock Promoters
Commission suspends trading in an over-the-counter stock, SpectraScience, that is being "pumped" on social media sites.
By
Vincent Ryan
| February 11, 2021
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Risk & Compliance
SEC Urges Heightened Disclosure During Volatility
Companies should address “the effects of a potential ‘short squeeze’ due to a sudden increase in demand for your stock.”
By
Matthew Heller
| February 9, 2021
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Credit & Capital
Robinhood Raises $1B Amid GameStop Firestorm
The stock trading app company also accessed $500 million through existing credit lines.
By
Lauren Muskett
| January 29, 2021
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Credit & Capital
Could GameStop Short Squeeze Affect the Overall Stock Market?
“There’s definitely some excessiveness out there right now, which has some professionals scratching their heads.”
By
Lauren Muskett
| January 26, 2021
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Credit & Capital
Massive Short Squeeze Sends GameStop Soaring 80%
The video game retailer reported no major news on Wednesday, suggesting the massive rally in the stock was simply a short squeeze.
By
Lauren Muskett
| January 14, 2021
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Financial Performance
GameStop Shares Drop 29% After Dividend Halt
The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.
By
Matthew Heller
| June 5, 2019
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Financial Performance
GameStop Misses Estimates, Exploring Sale
The retailer believes it can still "leverage our industry-leading position to drive growth in the second half" of the year.
By
Matthew Heller
| September 7, 2018
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Financial Performance
GameStop Hardware Sales Jump 45% in Q4
Strong demand for Nintendo Switch, PS4 Pro, and Xbox One X consoles powered the retailer's 12.2% gain in same-store sales.
By
Matthew Heller
| March 29, 2018
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Strategy
GameStop Shares Plunge on 13% Sales Decline
The company believes its shift toward non-gaming businesses is paying off and sees "an abundance of business opportunities."
By
Matthew Heller
| March 24, 2017
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