GameStop (GME) Shares Down 5% Following Earnings, 5M Share Offering, Announcements of new CEO and CFO

June 9, 2021 4:40 PM EDT

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GameStop (NYSE: GME) shares are moving 5% lower in the after hours, as the company reported its Q1 earnings and filed a prospectus to sell up to 5M Shares At-The-Market.

Gamestop also announced leadership changes with the appointment of Matt Furlong as its new CEO, and Mike Recupero as the new CFO.

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