What's Going On With GameStop Corporation Stock?

GameStop Corporation GME shares are volatile Tuesday, though the stock remains down nearly 14% over the last month.

What To Know:

Forms filed with the U.S. Securities and Exchange Commision (SEC) on Monday reveal two large stock purchases by GameStop insiders

A Form 4 filing from the SEC shows that Lawrence Cheng, GameStop board member, purchased 6,000 shares of GME at $17.64 and $17.71 per share. The transaction amounted to $105,926.

A Form 4 filing from the SEC shows that Alain Attal, director of GameStop, purchased 15,000 shares of GME at $17.78 per share in a transaction amounting to $266,700.

Shares of GME are up on above-average trading volume. According to Benzinga Pro, more than 2.85 million shares have been traded in the session, compared to the stock's 100-day average of 3.244 million shares.

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GME Price Action: According to Benzinga Pro, GameStop Corporation shares are up 3% at $17.53 at the time of publication.

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