Michael Burry surprised many by taking a long position in GameStop, a company widely known as a meme stock, citing confidence in Ryan Cohen’s leadership and the company’s long-term potential. Despite ...
Michael Burry is betting big that GameStop CEO Ryan Cohen can become a Warren Buffett-type figure. Cohen has so far not made any investments comparable to Buffett's purchases of American Express or ...
GameStop hopes to pull off a "very, very, very big" acquisition of a larger consumer company, its CEO Ryan Cohen told CNBC. Cohen did not say whether he would sell the company's bitcoin to try to pull ...
GameStop GME0.13%increase; green up pointing triangle shares have dropped around 80% since the retailer’s reign as king of meme stocks in 2021. Its chairman and chief executive has an ambitious plan ...
The GameStop and meme stock craze of January 2021 ignited a revolution that brought retail investors into the stock market for the first time. It was partly fueled by a financial malaise among young ...
Michael Burry bought GameStop shares but is not counting on a short squeeze. CEO Ryan Cohen purchased 500,000 shares earlier this month. GameStop trades at 2.0x P/B and 3.2x P/S while pivoting to ...
Jan 27 (Reuters) - Michael Burry has disclosed a position in videogame retailer GameStop (GME.N), opens new tab, playing down the odds of another major short squeeze and likening its CEO, Ryan Cohen, ...
(KTVI) – GameStop has recently closed dozens of stores across Missouri and Illinois, including at least five in the St. Louis region, as the video game chain faces a wave of closures nationwide. All ...