Overview

• GameStop shares fell over 12% following a lackluster shareholder meeting.
• CEO Ryan Cohen emphasized cost-cutting and profitability but provided few specifics.
• The company plans to reduce its store network and focus on higher-value items.
• Influencer Keith Gill, known as Roaring Kitty, has significantly increased his GameStop holdings.
• The SEC is reviewing potential market manipulation concerns related to recent stock volatility.