After releasing their financial results for the first quarter, Gamestop’s share price has experienced a significant drop.
Gamestop recently reported their financial results for the first quarter of 2019, with 13.3 percent reduction in revenues.
It was announced on Friday that after almost 23 years with Gamestop, Rob Lloyd, COO and CFO for the company, is stepping down.
Effective from the 15th of April 2019 George Sherman will be appointed as the new CEO of GameStop. Sherman takes over from interim CEO shane Kim.