GameStop CEO raises stake to 9.1% with nearly $23m purchase

GameStop's CEO has increased his stake in the company to 9.1% after buying nearly $23 million worth of shares. The company's roughly $56 billion bid for eBay was rejected. GameStop shares are up 35.6% this year.

• GameStop CEO's stake rises to 9.1%
• Purchase of shares totaled nearly $23 million
• eBay rejected a roughly $56 billion takeover bid
• GameStop shares up 35.6% year to date