Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
GameStop shares sink 20% after firm fires CEO Matt Furlong
short by Aishwarya Awasthi / on Thursday, 8 June, 2023
GameStop shares sank nearly 20% on Thursday after the firm fired its CEO Matt Furlong. The company earlier reported its fourth consecutive decline in quarterly revenue. "Over the last five years, GameStop has had five CEOs," Jefferies analysts said in a note. "It's hard to have an opinion with no earnings call...and lack of consistent strategic vision," they added.
read more at Reuters