GameStop’s Stock Rises After Chairman Buys More Shares


Shares of GameStop Corp. rose 16% in after-hours trading after the videogame retailer’s chairman disclosed his firm bought 100,000 shares of the company’s stock on Tuesday.

Ryan Cohen’s RC Ventures LLC said it paid between $96.81 and $108.82 for the shares it purchased Tuesday. Mr. Cohen owns an 11.9% stake in the retailer, or 9.1 million shares.

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