GameStop hires former AWS engineering leader as its new CTO, stock bounces – MarketWatch

GameStop Corp.
GME,
+1.08%

announced Wednesday that has hired Matt Francis to the newly created role of chief technology officer, effective Feb. 15. Francis was most recently an engineering leader at Amazon.com Inc.’s
AMZN,
-0.73%

Amazon Web Services cloud business. The videogame and consumer electronics retailer’s stock, which has recently been the poster child for the apparent short squeeze driven by users of the Reddit Wall Street Bets forum, bounced 25.0% in premarket trading. The stock had plummeted 72.3% over the past two days, but had still skyrocketed 677.9% over the past three days through Tuesday, while the S&P 500
SPX,
+0.01%

has edged up 13.6%. GameStop also announced that Kelli Durkin, most recently at Chewy Inc.
CHWY,
-0.74%
,
was hired to be senior vice president of customer care. The company also hired Josh Krueger as vice president of fulfillment; Kruger had previously held senior fulfillment roles at Amazon.com Inc.
AMZN,
-0.73%

and Walmart Inc.
WMT,
+0.36%
.

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