Lead
Wed lunch: still Tue ~$23.76; Form 4 buy still the tape story
- Yahoo: last cash print Tue close $23.76 (−0.8% / −$0.20 on ~7.9M shares); day range $23.31–$24.07. NYSE not open yet at Berlin lunch.
- Form 4 (Sep 29): CEO Ryan Cohen bought 446,500 @ $23.4753 + 3,500 @ $23.4499 (~450k / ~$10.56M); post-trade direct stake ~40.95M. No 10b5-1 flagged on the summaries.
- Wed tip wires (Seeking Alpha / Stocktwits / GuruFocus) still recirculating the AH buy; no fresh investor.gamestop.com IR drop today.
Why it matters — Same close as morning, but the Form 4 is now the all-day press narrative into the Wed open — desk stays bullish on the insider print, not the −0.8% session.