GME news June 2023 so far

Tldr: stock rose by 35% this year, following significant insider purchases. Amid leadership changes and cost-cutting, Australian investors grapple with CommSec's discontinuation of Direct Registration System (DRS) transfers for GameStop shares.

GameStop (GME) stock has recently seen significant insider buying activity. On June 9, GME Director Alain Attal purchased 10,000 shares and Director Lawrence Cheng bought 5,000 shares. Cheng also bought an additional 5,000 shares earlier in the year on March 29.
GME stock has surged more than 35% in value so far this year.
GameStop is going through many changes, with leadership transitions and cost-cutting practices being implemented. The company reported a net loss of $50.5 million in Q1, an improvement from a net loss of $157.9 million a year ago. Sales for the quarter totaled $1.237 billion, down from $1.378 billion last year.
Ryan Cohen has been appointed as Executive Chairman of GameStop. Shareholders have high expectations that Cohen will be able to revitalize the company.
On the Australian Reddit forum "GMEmate", there have been discussions about Direct Registration System (DRS) transfers. A post was made indicating that CommSec International has stopped supporting DRS transfers. However, I was not able to find a complete and clear answer to the current status of DRS transfers with other Australian brokers.
It appears that some Australian GameStop investors are considering moving from CommSec to other brokers such as Interactive Brokers or Stake for the purpose of DRS.