Many link the initial push in r/wallstreetbets toward GameStop to an individual investor identified by the Wall Street Journal as Keith Gill, but known on Reddit by his screen name 'DeepF***ingValue' or 'DFV' for short. 13 - a spike of more than 50% since the Jan. Some retail traders jumped on GameStop's announcement, and in just a few days the stock closed at $31.40 a share on Jan.

Illustration a GameStop logo on a smartphone. The announcement sparked some initial chatter on the Reddit page r/wallstreetbets. Alan, Jim and I are committed to working alongside our fellow directors and the management team to continue to transform GameStop.' 'We believe the Company can enhance stockholder value by expanding the ways in which it delights customers and by becoming the ultimate destination for gamers. 'We are excited to bring our customer-obsessed mindset and technology experience to GameStop and its strategic assets,' Cohen said in a statement at the time. Grube was the formerly the chief financial officer at Chewy, among other executive roles in the e-commerce space. GameStop announced in early January that it was appointing three new directors - Alan Attal, Ryan Cohen and Jim Grube - to its board.Д¬ohen is the founder and former chief executive of the e-commerce platform Chewy and one of the largest shareholders in GameStop through the private firm he operates, RC Ventures.ДЄttal was the former chief marketing officer at Chewy, and oversaw its rapid expansion from three people to more than 10,000 employees. 11, 2021: GameStop appoints 3 new directors to its board, including co-founder of e-commerce giant Chewy GameStop shares plunged nearly 20% the next day, closing on Dec. Still, the company reported an operating loss of $63 million in the third quarter. In the same earnings report, however, the company highlighted a bright spot that e-commerce sales had spiked considerably - increasing some 257% year-over-year. The retailer attributed this drop in sales to a number of reasons, including an '11% reduction in the store base.' In early December, GameStop reported that net sales plummeted in the third quarter of its fiscal year 2020, down more than 30% compared to the same time period in 2019. 8, 2020: GameStop reports dismal earnings, stock takes a tumble MORE: SEC 'closely monitoring' price volatility of 'certain stocks' in wake of GameStop saga Dec.

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