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GameStop stock rallies after plans to name Ryan Cohen as chairman – MarketWatch

Shares of GameStop Corp. undefined rallied 3.3% in premarket trading Thursday, putting them on track to snap a three-day losing streak, after the videogame…

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Shares of GameStop Corp.
GME,
-1.44%
rallied 3.3% in premarket trading Thursday, putting them on track to snap a three-day losing streak, after the videogame and consumer electronics retailer said it plans to name Ryan Cohen as chairman of the board. Kathy Vrabeck is currently board chair. The company said it will name Cohen chairman after the annual meeting of shareholders scheduled for June 9. Chewy Inc.
CHWY,
-1.08%
co-founder Cohen, who is also manager of activist investor RC Ventures,…

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