GameStop Executives Cash Out Amidst Stock Concerns

1 min read
Source: MarketWatch
GameStop Executives Cash Out Amidst Stock Concerns
Photo: MarketWatch
TL;DR

GameStop's Chief Operating Officer, Nir Patel, sold $2.8 million worth of stock to cover withholding taxes, while Chief Financial Officer Diana Saadeh-Jajeh proposed selling 10,484 shares. The sales were not discretionary trades and did not represent a significant portion of their holdings. GameStop's stock has seen a 27.2% rally this year.

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