Best Buy shares surge on speculation of potential takeover by GameStop
ByAinvest
Thursday, Mar 26, 2026 11:18 am ET1min read
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Best Buy stock surged 5.3% amid speculation that it could be a potential takeover target for GameStop. GameStop Chairman and CEO Ryan Cohen previously stated his intention to pursue strategic acquisitions to transform the company. Best Buy's rise in stock price is seen as a possible indication of investors' interest in the electronics retailer as a potential acquisition target for GameStop.
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