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GameStop Stock Falls After Shareholder Meeting

Shares of GameStop retreated Monday after the company’s delayed shareholder meeting wound down with few answers to investor questions. GameStop CEO Ryan Cohen kicked off the call with a few words about how the videogame retailer is focusing on profitability and shoring up its balance sheet. Shareholders approved the company’s slate of director nominees, as well as an executive compensation measure and the ratification of Deloitte’s appointment as GameStop’s auditor.

The Wall Street Journal

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