GameStop CEO Ryan Cohen emphasized focusing on profitability and avoiding hype during the company's annual shareholder meeting, leading to a plunge in GameStop shares by 11-15%. The lack of a detailed strategy and plans to shrink the store network contributed to the selloff.
$GME -7% on daily lows as the markets approach the quadruple witch close along with a massive rebalancing. -GameStop shares are .40c away from @TheRoaringKitty's average price
$GME is not having a great day https://t.co/Zq3xYPzHZP
It's a waiting game $GME https://t.co/6v6FFPunX1
54.97% of today's GameStop $GME volume has been Off Exchange. 🤯 https://t.co/AIecEsqdEF
$GME so close... https://t.co/OCwRknXmnO
How many halts will $GME have today?
knock knock ... $GME https://t.co/XInO3t1uw8
the GameStop $GME community right now: https://t.co/8p1FZ8RlVg
GameStop Sinks as Meme Stock Trader Roaring Kitty Goes Quiet ► https://t.co/mlxNdOWj5H https://t.co/mlxNdOWj5H
$GME looks ready https://t.co/xwtWjZx3av
NICE REVERSAL ON GAMESTOP $GME https://t.co/T29gqOTRIi
HUGE REVERSAL ON GAMESTOP $GME
GameStop $GME HODLERS: https://t.co/6uuNpz0v1P
What's your take on $GME? @GameStop @ryancohen https://t.co/9ZxkjTliK5
GameStop meme stock mania is SEC’s bad dream on repeat https://t.co/v0eNSQU8JQ
🇺🇸 GameStop investors hear from CEO at rescheduled annual shareholder meeting https://t.co/Upic3VqSkb
why not $GME? sad ha! https://t.co/bsyrdsI2ue
GameStop Flat as Meme Stock Craze Powers Down ► https://t.co/oyoWmrDy3g https://t.co/oyoWmrDy3g
GameStop’s stock slides 1.7% as investors digest short annual meeting https://t.co/JqEI3ITwUW
Gamestop’s CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday. https://t.co/GsVDg6IX3k
Gamestop $GME short squeeze 2.0 https://t.co/LH58cE8HH5
Wow, big reversal on GameStop just now $GME https://t.co/NFlRsybR4X
$GME | GameStop Shareholders Meeting Highlights: 'Actions Speak Louder Than Words,' Says CEO Ryan Cohen Cohen said the company will look to reduce costs and have a lower store count going forward. 2/2
$GME | GameStop Shareholders Meeting Highlights: 'Actions Speak Louder Than Words,' Says CEO Ryan Cohen Ryan Cohen said GameStop's share offerings help provide a strategic advantage to the balance sheet. 1/2
GameStop reawakened the “meme stock” animal spirits twice since May, spurred by a well-known Reddit user who set off the first frenzy in 2021. Here's what these stock frenzies are about https://t.co/JHIWLFgjSy
$GME (-2.6% pre) GameStop closed more than 12% lower after annual meeting fails to offer details on firm’s strategy - CNBC https://t.co/py2Ajlg9S3
🇺🇸 GameStop shares tank after CEO says store network will shrink despite huge cash pile https://t.co/MF6JiExIRM
GameStop Stock Falls Further. Its Annual Meeting Failed to Reignite the Meme Rally. https://t.co/0yGvLh360U
GameStop shares slide as investors react to 20-minute annual meeting https://t.co/5eECHH28hB
GameStop shareholder meeting delivers fresh blow to stock https://t.co/aqqroo4fDp
$GME | GameStop CEO Ryan Cohen Emphasizes Focus on Profitability and Avoiding Hype During Brief Remarks at Shareholder Meeting
$GME GameStop drops more than 12%, hits session lows after annual meeting fails to offer details on firm's strategy
GameStop shares fall 12% after annual shareholder meeting https://t.co/qwRdpeKYAL
GameStop CEO Ryan Cohen said during the video game retailer’s annual shareholder meeting it is not here to “hype things up” as meme stock traders continue to invest in the company. https://t.co/bN1ZHfftqU
Gamestop Shares Dip 12% After CEO's Financial Strategy Update @GameStop shares (NYSE: $GME) declined by 12% against the U.S. dollar on Monday, closing at $25.22 per share. The drop followed a shareholder meeting where CEO Ryan Cohen emphasized “cost reductions and…
What's your take on $GME? - Buy - Sell - Hold https://t.co/C8cmIznrfb
Shares of GameStop retreated Monday after the company's delayed shareholder meeting wound down with few answers to investor questions https://t.co/IPodCsnWjN
GameStop Shares Fall Over 11% After Shareholder Meeting https://t.co/LPXlEuMmdj https://t.co/TmoewcctGL
I too would say that NOT AVOIDING HYPE is probably the optimal play for $GME https://t.co/U1GlaCoMVI
GameStop Stock Plummets as Shareholder Meeting Avoids Roaring Kitty Hype ► https://t.co/nRbjCdBThm https://t.co/nRbjCdBThm
Lack of a coherent plan at $GME (shocking I know) good for a 13% selloff https://t.co/QwqCzesVu9
GameStop stock tanks 15% during shareholder meeting as few details on strategy emerge https://t.co/JWBqbfar8i by @ines_ferre
📣 JUST IN: $GME GameStop Shares Drop 12% After Annual Meeting Fails to Detail Strategy $AMC 👉 Key Highlights: 📍 GameStop shares dropped 12% after the annual meeting. 📍 CEO Ryan Cohen focused on cutting costs and boosting profits. 📍 Meeting lasted 30 minutes with no… https://t.co/rQqBz5zEMT
GameStop CEO Ryan Cohen told investors he’s focused on achieving profitability at the ailing video game retailer and plans to avoid the “hype” that has buffeted the shares to extremes as part of the meme-stock frenzy. https://t.co/jiKYVZPa91
⚠️ JUST IN: *GAMESTOP CEO COHEN SAYS FOCUSING ON PROFITABILITY, AVOIDING HYPE *GAMESTOP SHARES PLUNGE 11% $GME https://t.co/Sfy5R9q5a2
GameStop shares tumble after CEO says store network will shrink https://t.co/BXftwYHYCh https://t.co/6JCaftPjcm
$GME tumbles after mall-based video-game retailer fails to offer details on firm's strategy. Could have been worse. GameStop could have offered details on its strategy. https://t.co/eFwvxvYiM1