Jim Bell, the retailer’s chief financial officer, is resigning. Bell will resign from GameStop on March 26, the company said in a release. Diana Jajeh, GameStop’s current senior vice president, will serve as interim CFO while the company searches for a permanent replacement.shot up by Wednesday afternoon by more than 100% following news on Tuesday that
Bell didn’t leave the company willingly, according to Business Insider. He was reportedly pushed out by the board over a lack of faith and an initiative to reshape the company by Ryan Cohen, co-founder of Chewy, who made a large investment in the video game retailer last year.
GameStop’s share price closed at $91.71, but it continued to climb in after-hours trading to a high of nearly $200. It has since settled to approximately $148 although it continues to move.
Theat the end of January thanks to a push by , reaching a peak of around $480. It has since . Shares opened at $44.70 Wednesday morning.