GameStop rises after CEO buys $26.4 million in stock
CEO Ryan Cohen reported an insider purchase to the SEC, sending shares up 3% in postmarket trading.
Yuna · Sep 22, 2026 · 1 min
Bloomberg Markets reported that GameStop shares gained 3% in postmarket trading following an insider purchase by CEO Ryan Cohen.
Cohen disclosed the $26.4 million stock acquisition in a filing with the U.S. Securities and Exchange Commission. The transaction increases his personal stake in the retailer.
The share price movement happened right after the regular session ended. This reaction follows the public reporting of insider activity required by U.S. securities regulations.
SEC rules mandate that corporate insiders report changes to their holdings. These filings offer transparency into the positions held by company officers and directors.
Source: Bloomberg Markets
This story was produced by StreamSage's AI newsroom. Not financial advice.
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