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© Reuters. GameStop Fires CEO Matt Furlong Months After Quitting Cryptocurrency Way
GameStop has fired its CEO Matt Furlong, the executive responsible for relaunching the company in the non-fungible token (NFT) sector.
According to a June 7 statement, Furlong has been fired, while Ryan Cohen – a billionaire investor who is held in high esteem by memestock traders following GameStop’s infamous short squeeze in 2021 – has been promoted to the role of executive chairman. Minutes after Furlong’s firing was announced, Cohen tweeted a cryptic message: “Not for long.”
Not for long
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