HomeMarket NewsGameStop's Future Drastically Uncertain Under New CEO, Wedbush Analysis Shows

GameStop’s Future Drastically Uncertain Under New CEO, Wedbush Analysis Shows

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Gamestop Stock Trading Halted During Day Due To Volatility

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GameStop (NYSE:GME) is facing an uncertain future as it continues to struggle under inadequate leadership, according to Wedbush analysts.

Shares of GameStop dropped 1% on Thursday afternoon, reflecting investor concerns.

On Thursday, the video game retailer announced the appointment of Ryan Cohen as its new CEO, following the termination of Matthew Furlong in June. However, Wedbush analysts believe that this change in leadership is unlikely to steer the company in the right direction. Cohen, the founder of Chewy (CHWY

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