Ryan Cohen attacks corporate America, and social media reacts: ‘Some of the realest truth in business today’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Ryan Cohen launched a blistering attack on corporate America at GameStop’s annual meeting.

That was GameStop Corp.’s Executive Chairman Ryan Cohen, who launched a blistering attack on corporate America during the annual meeting for the video-game retailer and sometime-meme-stock darling Thursday.

— Ryan Cohen, GameStop executive chairman That was GameStop Corp.’s Executive Chairman Ryan Cohen, who launched a blistering attack on corporate America during the annual meeting for the video-game retailer and sometime-meme-stock darling Thursday. Cohen, the co-founder and former CEO of Chewy Inc., CHWY made his first investment in GameStop in August 2020 via his investment firm RC Ventures. News of Cohen’s 9% stake in the gaming retailer sent its stock surging. The activist investor quickly began pushing for an overhaul of GameStop, with a focus on digital sales, and he joined the company’s board in January 2021. He consolidated his power at GameStop when he became the company’s chairman in June 2021.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines