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GameStop shares jump after retailer taps Chewy co-founder Ryan Cohen to lead e-commerce shift

March 8, 2021


Shares of GameStop jumped more than 35% after the company announced Monday that it has tapped Chewy co-founder Ryan Cohen to lead its shift to e-commerce.

Cohen is serving as chairman of a special committee formed by GameStop’s board to help its transformation. Board members Alan Attal, Chewy’s former top operations executive, and Kurt Wolf, chief investment officer of Hestia Capital Management, also serve on the committee.

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