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GameStop's new CEO and CFO reveal their plan to repair the company's decimated stock price after a brutal year in which hundreds of millions of dollars in value were wiped out (GME)
With over 5,700 stores around the world, GameStop is the largest video game retailer by far.
But in 2019, GameStop's stock price has taken a major hit — from around $16 in January to around $4 by August.
Amidst a falling stock price, GameStop's executive team got a major shakeup: A new CEO named George Sherman and a new CFO named James Bell.
The two new execs explained their plans for fixing the stock price in an interview with Business Insider following the company's recent quarterly earnings report.