Summary by Futu AI
On July 8, 2024, Lawrence Cheng, associated with GameStop Corp. [GME], completed a purchase of 4,140 shares of GameStop's Class A Common Stock at a price of $24.85 per share. Following this transaction, Cheng's indirectly held shares, through Cheng Capital LLC, totaled 69,228. The transaction was executed in the open market, reflecting a direct investment in the company. Prior to this acquisition, Cheng directly held 8,772 shares of GameStop's Class A Common Stock. The total value of the shares acquired in the transaction amounted to approximately $102,879.