GameStop Stock Soars After CEO George Sherman Announces He's Stepping Down

GameStop announced on Monday that its CEO George Sherman will be stepping down from his role by July 31, sending the company's stock price soaring.According to Yahoo! Finance, the company's stock was up 6.26 percent as of market close on Monday. The stock rose by as much as 10 percent earlier in the day.In a statement on Monday, GameStop said that Sherman may step down earlier if a successor is appointed before July 31. Sherman became CEO in 2019 as the company was experiencing a massive decline...