Bulletin
Investor Alert

Market Pulse Archives

May 16, 2022, 7:11 a.m. EDT

GameStop names Nir Patel as COO, after last COO left company in October

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    GameStop Corp. Cl A (GME)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Shares of GameStop Corp. /zigman2/quotes/203755179/composite GME -4.80% gained 0.2% in premarket trading Monday, after the videogame and consumer electronics retailer said it named Nir Patel as its chief operating officer, effective May 31. Patel was most recently chief executive of retailer Belk. Patel takes the COO role after former COO Jenna Owens left the company in October, just seven months after being named COO . The stock's early gain Monday comes after it ran up 21.0% over the past two days, which followed a 36.0% amid a five-day losing streak through last Wednesday. The stock has slumped 33.7% year to date through Friday, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +3.06% has shed 15.6%.

/zigman2/quotes/203755179/composite
US : U.S.: NYSE
$ 135.21
-6.81 -4.80%
Volume: 4.25M
June 24, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$10.29 billion
Rev. per Employee
$509,358
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,911.74
+116.01 +3.06%
Volume: 3.46B
June 24, 2022 5:05p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.