GameStop quarterly operating income more than doubled to $160.2M as sales fell 18.7%; Ryan Cohen buys 1.15M more shares

GameStop reported quarterly operating income of $160.2M, more than double a year earlier, while sales fell 18.7% to $790.2M. A new Form 4 shows CEO Ryan Cohen added 1,150,680 shares in an open-market purchase worth roughly $26M, after the bell at $22.76-$23.02. The company holds $4.9B of eBay shares.

Detected & updated continuously · Source: Nebula