GameStop names Amazon veteran as CEO; sales accelerate

GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it brought on a pair of Amazon veterans as its new chief executive and chief financial officer to aid in its much anticipated digital turnaround. Matt Furlong, who most recently oversaw Amazon’s…

Meme stocks AMC, GameStop poised to end strong week on a high

Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie theater chain’s market value double as retail traders stormed back into meme stocks. AMC’s shares were up 17.3% to $31.11 in U.S. premarket trading on Friday, while…