GameStop(US:GME) Zhi Tong Cai Jing·2026-01-21 07:34Core Viewpoint - GameStop's CEO Ryan Cohen has purchased 500,000 shares at a weighted average price of $21.1174 per share, increasing his total holdings to 41,582,626 shares, which represents approximately 9.2% of the company [1] Group 1: Company Actions - Ryan Cohen's recent stock purchase coincides with the five-year anniversary of GameStop's significant rise driven by retail investors, which impacted several hedge funds [1] - The initial interest in GameStop as a value stock began in mid-2019 when investor Michael Burry's Scion Asset Management acquired shares, viewing the company as a potential undervalued asset [1] - In August 2020, Ryan Cohen disclosed a 9% stake in GameStop, indicating that other notable investors recognized the company's potential despite warnings from Wall Street [1] Group 2: Market Reaction - Following the announcement of Cohen's stock purchase, GameStop's share price rose by 3.03% in after-hours trading, reaching $21.74 [2] - The current short interest in GameStop stands at 14.4% of the total float [2]