FILE PHOTO: Traders work under signage for GameStop Corp. (NYSE: GME) on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 8, 2022. REUTERS/Andrew Kelly/File Photo
(Reuters) -GameStop on Thursday named Ryan Cohen as its CEO and chairman, giving the billionaire activist investor more power to spearhead a turnaround of the video game retailer.
Cohen will relinquish that title of executive chairman, a role that he had taken on after the company ousted former CEO Matt Furlong in June.
Shares of the retail investor darling jumped 6% in premarket trading.
(Reporting by Aditya Soni in Bengaluru; Editing by Arun Koyyur)
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