As of the publication, the stock has risen more than 6%, reaching $20.5.
According to the Financial Information Network, on Friday, the stock price of gamestop (GME.US) rose, exceeding 6% as of the publication, reaching $20.5. Gamestop's stock price has risen by 17.04% year-to-date, but has fallen by 12.43% in the past month. The Federal Trade Commission (FTC) recently fined CEO Ryan Cohen, exacerbating the company's stock price volatility. According to the FTC, Cohen acquired over 562,000 shares of wells fargo & co voting securities without proper disclosure, surpassing the HSR Act filing threshold. Cohen has agreed to pay nearly $1 million to settle the FTC's charges.