GameStop (GME) Gains as RC Ventures Discloses Recent Talks with Management, Board

September 21, 2020 5:28 PM EDT

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GameStop (NYSE: GME) gained after-hours Monday following an amended 13D from 10% holder RC Ventures disclosing recent conversations with senior management and several members of the Board.

From the filing: During September 2020, the Reporting Persons have had conversations and communications with senior management and several members of the Board of Directors of the Issuer concerning the Reporting Person’s views of the Company. During these conversations, the Reporting Persons expressed their willingness to become more involved in the Company under certain circumstances that the Reporting Persons believe are likely to produce the best results for all shareholders.

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