GameStop's three largest shareholders earn over $2bn amid stock surge

Shares rise as video game retailer is at the center of a frenzied duel between Wall Street and small investorsThe three largest shareholders in GameStop, the video game retailer at the center of a frenzied duel between Wall Street and small investors, have made more than $2bn from the company’s astronomic recent share rise.Stock in the company continued its vertiginous rise on Wednesday, hitting a fresh 52-week high of $354.83, making the 13% stake held by Ryan Cohen, 34, GameStop’s largest single shareholder, worth more than $1.3bn. Continue reading... https://www.theguardian.com/business/2021/jan/27/gamestop-three-largest-shareholders-earn-over-2bn-amid-stock-surge #business #games #culture #gamestop