FILE - In this Jan. 28, 2021 file photo, a pedestrian passes a GameStop storefront in Dallas.
GameStop shares jumped around 12% in premarket trading Monday, March 8 after the video game retailer appointed a committee it said would aim to transform GameStop into a technology business.
(AP Photo/LM Otero, File)NEW YORK – GameStop took a step toward a more digital future Monday, naming an activist investor to lead company efforts to push more of its business online.
Ryan Cohen, the co-founder of the online pet supply company Chewy, will chair the company's new Strategic Planning and Capital Allocation Committee.
Cohen took a huge stake in GameStop before the online frenzy over company shares began in January.