Exclusive: GameStop’s strong stock performance triggered board director’s exit By Reuters
By Svea Herbst-Bayliss (Reuters) - Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp (NYSE:GME)'s board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on. The hedge fund manager resigned his directorship this week because his investors fretted the bet on the company, which scored a paper gain of 3,500%, had become too large and risky, three people familiar with the matter said on Thursday. Giving up the board seat allows Wolf to sell GameStop shares for his investors without restrictions...
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