GameStop CEO J. Paul Raines to take medical leave

GameStop Corp. GME, +Zero.31% stated Tuesday it has named Daniel DeMatteo as meantime leader govt, changing J. Paul Raines, who is looking for clinical remedy after a reoccurrence of a in the past disclosed sickness. Raines had a cancerous tumor got rid of from his mind in 2014. DeMatteo, a co-founder of the corporate, has in the past served as CEO and in different govt roles. Stocks had been flat premarket, however are down 36% in 2017, whilst the S&P 500 SPX, -Zero.62% has won 15%.

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