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Stock impact report

Will the Latest CEO Pay Package Rescue GameStop Stock? [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than GameStop › GameStop (NYSE: GME) has gained attention for its meme stock status and its continued efforts to redefine itself. This has happened under the leadership of Ryan Cohen, a CEO who does not receive a salary, cash bonuses, or stock. GameStop's board has offered Cohen a compensation package contingent on achieving substantial growth in the stock price and the company itself. This is reminiscent of Elon Musk's compensation at Tesla , which likely played a role in the huge increase in the automaker's stock over the last few years. Knowing that, does the potential of this package mean investors should buy GameStop stock, or should they stay on the sidelines? Under the newly announced compensation package, Cohen would receive stock options to purchase a maximum of 171,537,237 shares of the company. The awards start if Cohen can raise the market cap to $20 billion and achieve $2 billion in cumulative earnings before interest, taxes, depreciati Show less Read more
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