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GameStop Soars on New Board Members, Holiday Sales – TheStreet

GameStop shares climbed as investors lauded the chain’s new board members and holiday sales.



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GameStop  (GME) – Get Report shares skyrocketed on Wednesday as investors reacted to the videogame retailer’s recently named board members and encouraging holiday sales results.
Shares of the Grapevine, Texas, company at last check climbed 68% to $33.45.
Earlier this week, the retailer reached an agreement with RC Ventures to place three of the New York activist investor’s nominees — Alan Attal, Ryan Cohen and Jim Grube — on the board.
A statement from GameStop said the three executives have “deep…

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