GameStop CEO buys 1.15 million shares for over US$26.4 million

GameStop chief executive Ryan Cohen bought 1,150,680 Class A shares at an average US$22.9375 each, worth more than US$26.4 million, disclosed in a regulatory filing on 21 September. GameStop shares rose more than 3% after the disclosure. He now holds more than 40 million shares, about 9% of GameStop.