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GameStop rips 93% higher as board-overhaul rally enters 3rd day

14 days ago   |   By Business Insider

People line up outside GameStop in Herald Square as the city continues the re-opening efforts following restrictions imposed to slow the spread of coronavirus on December 12, 2020 in New York City.
Noam Galai/Getty Images
GameStop exploded as much as 93% higher on Wednesday as investors continued to make bullish bets on the retailer's new board of directors. The company agreed with activist investor RC Ventures on Monday to add three new members to its board, including Chewy founder Ryan Cohen. The move pushed shares 12.7% higher on Monday and drove a modest gain the following session...
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