New GameStop Chairman Gives Nod to Reddit Crowd, Stock Rises

New GameStop Chairman Gives Nod to Reddit Crowd, Stock Rises

GameStop doesn't really need any help to ignite any sort of rally in the stock market these days. Nonetheless, a nod by the company's chairman during the annual shareholder meeting in Texas today certainly didn't hurt. According to reports, GameStop Chairman Ryan Cohen presided at the meeting, and he was quick to give credit where it was due, calling the WallStreetBets crowd “special” and saying,

“We're fortunate to have such a special group of investors holding the company's shares. You guys inspire us to think bigger, fight harder and work longer each day.”

GameStop shares are up 3% at last check to USD 309.91.