GameStop
American video game retailer
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| March 25 2025 | GameStop approved a plan to use its cash reserves to buy Bitcoin, resulting in an 8.27% stock price surge in after-hours trading to $25.40. |
| March 10 2025 | GameStop closed over 400 stores in a single month, representing the largest single-month store closure in the company's history, driven by declining sales and consumer shift to online marketplaces. |
| February 18 2025 | GameStop announced its intention to sell Canadian and French operations. Ryan Cohen condemned the 'wokeness' of Canada and France in a related tweet. |
| November 2024 | GameStop sold GameStop Italy to Cidiverte, with plans to rebrand over 250 stores as Gamelife stores within six months. |
| November 2024 | GameStop decided to cease operations in Germany, planning to close its remaining 69 stores by January 2025, along with its warehouse and headquarters in Tannheim. |
| August 2024 | GameStop discontinued its long-running video game magazine, Game Informer, ending its publication. |
| May 12 2024 | Keith Gill (known as DeepFuckingValue or Roaring Kitty) posted an image on X that triggered a significant GameStop stock rally, causing the stock price to surge from under $14 to over $48. As a result, GameStop issued additional stock at over $20, raising more than $900 million. |
| March 2024 | GameStop announced plans to cut an unspecified number of staff in an effort to achieve profitability, acknowledging potential resource strain. |
| March 2024 | GameStop announced a net income of $6.7 million for fiscal year 2023, potentially indicating a slight financial recovery. |
| February 18 2024 | GameStop announced its intention to sell Canadian and French operations. Ryan Cohen criticized the 'wokeness' of Canada and France in a post on X (formerly Twitter). |
| February 2 2024 | GameStop officially closed its NFT marketplace, marking the end of its blockchain and NFT initiative. |
| January 2024 | Researchers from Italian and Danish universities published a scientific study establishing a causal connection between social media activity on Reddit and Twitter and the movements in GameStop's stock price during the short squeeze event. |
| January 2024 | GameStop announced the complete shutdown of its NFT marketplace. |
| December 2023 | Cidiverte, a small Italian gaming retailer, took over and rebranded all Swiss GameStop stores. |
| September 2023 | Ryan Cohen took over as CEO of the company, in addition to his chairman role, without collecting a salary. |
| September 22 2023 | Release of 'Dumb Money', the MGM film based on the GameStop short squeeze events. |
| August 2023 | GameStop announced the wind-down of its crypto and NFT wallet due to 'regulatory uncertainty', while still allowing trading of in-game items through other NFT wallets. |
| July 2023 | Diana Saadeh-Jajeh resigned as CFO. |
| June 2023 | Matt Furlong was removed from his position as CEO and replaced by Ryan Cohen. |
| March 2023 | GameStop decided to leave Ireland after accumulated losses of €45.5 million, planning to close its 35 stores by June with €13 million in severance payments and lease buyouts. |
| 2022 | BCG filed a lawsuit against GameStop, claiming unpaid consulting fees of $30 million. GameStop argued that BCG failed to improve the company's EBITDA as promised. The lawsuit was ultimately dismissed with prejudice. |
| December 2022 | GameStop conducted a significant layoff of the team working on its NFT platform. |
| October 2022 | GameStop decided to withdraw completely from Austria and Switzerland, closing twenty stores. In Germany, the business was downsized to 70 of 170 stores. |
| September 2022 | Netflix premieres 'Eat the Rich: The GameStop Saga', a 3-episode investigative docuseries about the events. |
| July 2022 | GameStop removed an NFT referencing 'The Falling Man' photo and disabled the creator's ability to mint new NFTs, demonstrating content moderation on the platform. |
| July 2022 | Mike Recupero was fired as CFO and replaced by Diana Saadeh-Jajeh, who was previously the company's chief accounting officer. |
| July 11 2022 | GameStop launched the Beta version of its NFT marketplace, which featured a curated platform with a vetting process for artists. |
| June 2022 | The United States House Committee on Financial Services published a 140-page report calling for the SEC and Financial Industry Regulatory Authority to develop new rules addressing market risks exposed by the GameStop short squeeze, including proposed liquidity rules and frameworks for clearing brokers. |
| June 2022 | Ryan Cohen initiated significant restructuring, including layoffs and strategic realignment to transform GameStop's business model towards e-commerce and digital markets. |
| March 3 2022 | HBO releases the mini-series 'Gaming Wall Street' about the GameStop short squeeze events. |
| January 2022 | Judge Cecilia Altonaga ruled that investors could not pursue negligence and breach of fiduciary duty claims against Robinhood, citing the company's customer agreement. She had previously dismissed a lawsuit alleging collusion between brokerages and Citadel Securities. |
| January 28 2022 | Release of the documentary 'GameStop: Rise of the Players', which interviews r/wallstreetbets users involved in the short squeeze. |
| 2021 | Metro-Goldwyn-Mayer (MGM) acquires film rights to Ben Mezrich's book proposal The Antisocial Network, which would later become the film Dumb Money. |
| December 2021 | GameStop posted a larger-than-expected loss in the fiscal third quarter, causing investor concern about the company's restructuring and ability to attract gamers. |
| September 27 2021 | Citadel released a statement on Twitter rejecting allegations of pushing Robinhood to limit GameStop trading, amid the trending hashtag #KenGriffinLied. |
| June 22 2021 | White Square Capital, a London-based hedge fund that suffered significant losses betting against GameStop, announced its closure. |
| June 21 2021 | Matt Furlong officially took over as CEO from George Sherman. |
| June 9 2021 | GameStop appointed former Amazon executives Matt Furlong and Mike Recupero as CEO and CFO respectively. |
| May 26 2021 | GameStop announced its plans to develop a non-fungible token (NFT) platform using Ethereum blockchain technology, with an ambitious goal of transforming itself into the 'Amazon of gaming'. |
| May 18 2021 | Melvin Capital ultimately shut down after suffering continued losses during GameStop's stock resurgence. |
| April 2021 | George Sherman announced he would step down as CEO by July 31, 2021. Ryan Cohen, founder of Chewy and large GameStop shareholder, was named chairman, effective in June 2021. |
| March 2021 | Forbes reported that Michael Jordan lost a major portion of his net worth, approximately $500 million, due to GameStop shares, reducing his wealth from a peak of $2.1 billion in 2019. |
| March 25 2021 | GameStop stock recovers dramatically, rising by 53 percent following the previous day's significant drop. |
| March 24 2021 | GameStop stock price falls 34 percent to $120.34 per share after earnings release and announcement of a new secondary stock offering. |
| March 17 2021 | The Financial Services Committee held a second hearing focusing on the regulation of payment for order flow and gamification of investing. |
| March 2 2021 | Rocket Mortgage experienced a more than 70 percent stock price spike following discussions on r/wallstreetbets, though the price quickly reverted to its original level. |
| February 2021 | Netflix announces plans to develop a feature film about the GameStop short squeeze, with Mark Boal in negotiations to write and Noah Centineo potentially starring. |
| February 2021 | GameStop announced that finance chief Jim Bell would leave the company on March 26, 2021, with no official reason provided for his departure. |
| February 24 2021 | GameStop stock price doubles within a 90-minute period, continuing its unusual volatility after the January peak. |
| February 18 2021 | The House Financial Services Committee held a remote hearing titled 'Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide', featuring key witnesses including Keith Gill, Ken Griffin, Steve Huffman, Gabe Plotkin, Jennifer J. Schulp, and Vlad Tenev. |
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