NASDAQ:GME News 6 December 2025 - 2 February 2026

GameStop shares rose about 5% Friday, closing at $23.88 after CEO Ryan Cohen discussed pursuing a major acquisition in a rare interview. Traders are watching for details and filings tied to Cohen’s performance award, which requires shareholder approval at a special meeting expected in March or April 2026.

GameStop CEO Ryan Cohen said Friday the company is pursuing a major acquisition of a larger public consumer firm, sending shares up 4.78% to $23.88. Cohen’s new stock-option award vests only if GameStop reaches a $100 billion market cap and $10 billion in cumulative EBITDA. The company holds about $9 billion in cash. Shareholder approval for the compensation package is pending.

GameStop shares rose 4.7% to $23.88 Friday, extending gains to $24.84 after hours. CEO Ryan Cohen told The Wall Street Journal he aims to acquire a public company and grow GameStop to $100 billion. The board approved a performance-based stock option deal for Cohen, pending a shareholder vote in March or April. GameStop reported $7.84 billion in cash as of Nov. 1.

GameStop shares fell 3.6% to $22.81 in premarket trading after CEO Ryan Cohen told the Wall Street Journal he is considering a major acquisition in consumer or retail. Investors are watching for filings detailing the deal’s terms and timeline. GameStop has closed 590 U.S. stores in fiscal 2024 and plans more closures in 2025. A shareholder vote on Cohen’s incentive plan is expected in March or April.

GameStop shares rose about 2% in premarket trading Tuesday after investor Michael Burry disclosed he has been buying the stock. The move follows a 4.4% gain Monday, with 36 million shares traded. Director Lawrence Cheng’s entity bought 5,000 shares last week at an average price of $22.87, according to an SEC filing.

GameStop CEO Ryan Cohen bought 500,000 shares on Jan. 21 at about $21.60 each, raising his stake to 9.3%, according to a regulatory filing. The stock rose over 3% in premarket trading Thursday after the disclosure. Cohen spent about $21.4 million over two days on the purchases.

GameStop shares climbed 3.1% to $21.29 premarket Thursday after announcing a CEO pay package for Ryan Cohen tied to market cap and profit targets. The options, worth up to $35 billion, require GameStop to hit up to $100 billion in market value and $10 billion in cumulative EBITDA. A shareholder vote is planned. The next earnings report is expected March 24.

GameStop granted CEO Ryan Cohen options to buy 171.5 million shares at $20.66 each, vesting only if the company hits a $100 billion market cap and $10 billion cumulative EBITDA. The package, worth up to $35 billion, requires shareholder approval at a special meeting in March or April. GameStop’s current market value is about $9.3 billion. Shares rose over 4% premarket Wednesday.

December 22, 2025 — Michael Burry is back in the spotlight, and not just for “The Big Short.” In recent days, the famously contrarian investor has revisited one of the most talked-about trades of the past decade: his early, deeply discounted bet on GameStop — and the uncomfortable truth that he exited before the meme-stock frenzy turned the ticker into a cultural phenomenon. Business Insider+1 At the same time, GameStop’s path into 2026 is increasingly being defined less by nostalgia for 2021 and more by a business reality Wall Street can model: a growing collectibles segment that management and analysts