GameStop shares slide 6% as finance chief exits retailer 

Games retailer had been trying to revive growth as customers switch from buying physical discs to digital downloads

GameStop was emblematic of the meme-stock craze where traders bid up the price of certain firms prompted by chatter on social media rather than business fundamentals.

Shares in GameStop, the games retailer, tumbled on Friday, a day after the company fired its chief financial officer and said it is cutting jobs in a bid to turn around a business buffeted by shifting gaming demands and market malaise. The shares fell 6% at one stage. 

Diana Jajeh, the current chief accounting officer, will replace Mike Recupero, effective immediately, GameStop had said.