GameStop hires former AWS technical leader as its new CTO, stock bounces

GameStop Corp. GME,
+ 6.60%
announced on Wednesday that he has hired Matt Francis for the newly created role of chief technology officer, effective Feb. 15. Francis was most recently a technical leader at Amazon.com Inc.’s AMZN.
-0.44%
Amazon Web Services cloud company. The share of the video game and consumer electronics retailer, which recently was the poster child for the apparent short squeeze caused by users of the Reddit Wall Street Bets forum, bounced 25.0% in premarket trading. The stock was down 72.3% in the last two days, but was still up 677.9% in the last three days through Tuesday, while the S&P 500 SPX,
+ 0.08%
is up 13.6%. GameStop also announced that Kelli Durkin, most recently at Chewy Inc. CHWY,
+ 0.06%,
was hired as senior vice president of customer care. The company also hired Josh Krueger as vice president of fulfillment; Kruger previously held senior fulfillment roles at Amazon.com Inc. AMZN,
-0.44%
and Walmart Inc. WMT,
+ 0.45%.

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