GameStop Shares Jump After Retailer Taps Chewy's Ryan Cohen to Lead E-Commerce Shift

Shares of GameStop jumped 10% in premarket trading after the company announced Monday that it has tapped Chewy founder Ryan Cohen to lead its shift to e-commerce. Cohen will serve as chairman for a special committee formed by GameStop's board to help its transformation. Board members Alan Attal, Chewy's former top operations executive, and Kurt Wolf, chief investment officer of Hestia Capital Management, also will serve on the committee.