![]() ![]() 16 letter from Cohen to the GameStop board he would later join. ![]() The stock got its big kick when Reddit's r/wallstreetbets community - now with more than 4 million members - fawned over a Nov. 13, two days after the announcement about Cohen joining the board, GameStop stock jumped 57% - from $19.95 per share to $31.40. The new members include Ryan Cohen, a founder of Chewy, an online pet products company worth $42 billion. The company also said it had entered an agreement with RC Ventures, one of its largest stockholders, to add three members to GameStop's board of directors. It said those online sales represented about a third of the company's total sales. 11, GameStop announced that its sales overall fell 3.1% during the holidays, due in part to the "significant impacts" of the pandemic, but its e-commerce sales soared more than 300%. ![]()
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