GameStop stock rallies 5% as CEO Ryan Cohen announces megadeal that'll lift valuation to $100B

GameStop jumped 5% Friday after CEO Ryan Cohen confirmed the company is trying to buy a much bigger public consumer company. He called it a “really big” deal that could change everything for the business, and even Wall Street. Ryan allegedly told CNBC the target is still secret but hinted it’s a company that’s undervalued, […]