"Market Turmoil: GameStop CEO Fired, Shares Plummet, and Ryan Cohen's Turnaround Plan Questioned"

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Source: Investor's Business Daily
"Market Turmoil: GameStop CEO Fired, Shares Plummet, and Ryan Cohen's Turnaround Plan Questioned"
Photo: Investor's Business Daily
TL;DR Summary

The stock market rally had a mixed session, with the Nasdaq retreating from 2023 highs while the Dow Jones edged higher. Smartsheet and GameStop tumbled late on earnings. The recent action may be a healthy corrective for what has been a narrow market rally. Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures.

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