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Hedge fund asks GameStop to conduct strategic review - CNBC

May 16 (Reuters) - Hedge fund Tiger Management is urging GameStop Corp to conduct a strategic review in the wake of management changes at the videogame retailer, CNBC reported https://www.cnbc.com/2018/05/16/hedge-fund-tiger-sends-letter-to-gamestop-urging - r e t a i l e r - t o - a d o p t - a - t u r n a r o u n d - p l a n . h t m l on Wednesday, citing a letter sent to the company's board.

Tiger Management owned 25,000 shares of GameStop as of March 31, according to a filing on Tuesday with the U.S. Securities and Exchange Commission.

Neither GameStop nor Tiger Management immediately responded to Reuters' requests for comment.

GameStop shares rose 11.7 percent to $15.09 in premarket trading. (Reporting by Arjun Panchadar in Bengaluru; Editing by Sai Sachin Ravikumar)