Shares of GameStop, which have skyrocketed this year, have continued to climb in anticipation of a turnaround led by Chewy co-founder and activist investor Ryan Cohen
in March, Mr. Sherman was the only company executive to speak and he didn’t take questions from analysts. GameStop said in an April securities filing that recent stock price fluctuations have been “unrelated or disproportionate” to its operating performance.
The 36-year-old hopes the voting process will be fair and that Mr. Cohen will acknowledge the retail-investment community. “He’s fighting a war against people trying to destroy the company,” Mr. Browne said, referring to short sellers. “I trust in Ryan.”
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