GameStop CEO George Sherman to step down by end of July, stock jumps

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GameStop CEO George Sherman to exit by end-July. Shares surge in premarket

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Shares of GameStop Corp. GME, -1.12% shot up 6.0% in premarket trading Monday, after the videogame retailer said Chief Executive George Sherman will step down no later than July 31, after two years in the role. He could step down earlier if a successor is appointed.

The company said in its annual report filed in March that it was"evaluating executive leadership team skill sets related to changing business requirements," and had hired a third-party firm to help in the evaluation.

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Can yous fix this lmao, the stock was up at premarket open, long before that was announced. Stop with this narrative...

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GameStop CEO George Sherman to Step Down by July 31GameStop, which has retained a third-party firm to evaluate executive leadership, said CEO George Sherman will step down by July 31. $GME is a business with: ❌Negative returns on capital. ❌Low-profit margins. ❌Negative earnings. ❌Unstable cash flows. ❌No moat. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blaketeddy56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
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