During GameStop's annual shareholder meeting, the company's stock fell by 15% as CEO Ryan Cohen spoke briefly about the company's focus on achieving profitability. The highly anticipated gathering left investors wanting more details on GameStop's future strategy, leading to the stock decline. Cohen emphasized a plan to reduce costs and focus on profitability, with a smaller network of stores in mind. GameStop shares have been volatile in recent months, due in part to the meme frenzy led by retail trader Keith Gill. The company has raised over $3 billion in proceeds from stock offerings in response to the rallies. Despite the hype around Cohen's leadership, GameStop's shareholder meeting provided limited insight into the company's strategy moving forward, leaving investors questioning the future of the struggling video game retailer.