GameStop continues a major "transformation" from ailing video game retailer to the "Amazon of gaming" with the hire of its latest CEO.
In 2020, Chewy cofounder Ryan Cohen invested millions in GameStop. In 2021, he's enacting an elaborate plan to "transform" the company.
The VanEck Vectors Social Sentiment ETF added 21 stocks and dropped 21 others in its April rebalancing on Thursday.
GameStop is looking for a new chief executive to replace George Sherman as it pivots from brick-and-mortar to e-commerce, according to three sources.
Chewy shares leap after the online pet-products retailer swings to a fourth-quarter profit as sales top $2 billion.
From the executive suite to the board, Chewy cofounder Ryan Cohen is clearing house at the embattled video game retailer.
GameStop has also brought pet supply company Chewy's former vice president of e-commerce onto the team.
Chewy founder and CEO Ryan Cohen just got put in charge of the future of GameStop as the company tries to become the Amazon of gaming.
GameStop is having a wild week that has little to do with the video game market. The video game retailer’s stock value has soared past $US325 a share from about $US30 in two weeks. The stock had already been rising slightly, but then Reddit users got involved. Visit Business Insider’s […]
Chewy.com co-founder Ryan Cohen acquired a 12.9% stake in GameStop last year for $US76 million. At Monday’s high of $US159.18, Cohen’s stake in the video game retailer had swelled to $US1.4 billion, good for a roughly 1,700% return. Cohen recently gained three board seats and is pushing the company to […]
UBS analysts downgraded Peloton, Chewy, and Fiverr to “sell” ratings this week. The tech companies are “emblematic of a market that values growth over any semblance of valuation.” The analysts expect the trio to grow strongly, but argue those prospects are priced in. Visit Business Insider’s homepage for more stories. […]
Activist investor Ryan Cohen has notched a 300% gain on his GameStop investment. The Chewy cofounder spent $US76 million for 9 million shares in the video-game retailer. Those shares are now worth over $US320 million thanks to GameStop’s soaring stock price. Visit Business Insider’s homepage for more stories. Activist investor […]
GameStop stock jumped as much as 17% in premarket trading on Tuesday. Activist investor Ryan Cohen wrangled three board seats earlier this month. The Chewy cofounder’s RC Ventures has built a 13% stake in the video-game retailer. Visit Business Insider’s homepage for more stories. GameStop shares spiked as much as […]
On Monday, GameStop announced that Chewy co-founder and former CEO Ryan Cohen is taking a board seat at the company and installing two other board members from his past at Chewy. Together, they will make up a third of the company’s new board. In September, GameStop’s stock price leapt as […]
Half of consumers plan to buy pet supply gifts over the holidays. The average buyer will spend $US90 on pet supplies for the 2020 holidays. All the coronavirus pet adoptions have led to booms for pet supply stores. Visit Business Insider’s homepage for more stories. The upcoming holiday season is […]
Ryan Cohen invested nearly all of his wealth in Apple and Wells Fargo, yet he wants the tech titan’s shares to fall so he can buy more stock at a lower price. “I only wish the stock would go down,” the billionaire Chewy cofounder told MarketWatch in a recent interview. […]
Chewy founder Ryan Cohen only invested in Apple and Wells Fargo stock after he sold his company for $US3.35 billion,Bloomberg Businessweek reported Friday. While the move is in stark disagreement with the oft-recommended strategy of diversification, Cohen said that he likes to “go all-in” when he finds bets he has […]