US Stock Market Move | GameStop Corp. Class A (GME.US) rose over 6% in the last month, after falling over 12% before.

date
20/09/2024
avatar
GMT Eight
On Friday, GameStop Corp. Class A (GME.US) stock price rose, as of press time, the stock was up over 6% to $20.5. GameStop Corp. Class A stock price has risen 17.04% year-to-date, but dropped 12.43% in the past month. The Federal Trade Commission (FTC) recently fined CEO Ryan Cohen, intensifying the company's stock price volatility. According to the FTC, Cohen acquired over 562,000 shares of Wells Fargo & Company voting securities without proper disclosure, exceeding the filing threshold of the HSR Act. Cohen agreed to pay nearly $1 million to settle the FTC's charges.

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