ryan cohen
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GameStop’s New Billionaire Boss Calls For ‘Extreme Frugality’ In Email To Staff
3After years of pulling the strings from behind the scenes, GameStop chairman and billionaire Chewy founder Ryan Cohen appointed himself CEO of the ailing video game store on Thursday. His first email to staff, obtained by Kotaku, called for “extreme frugality” and said “time wasters” would not be tolerated as the meme stock company fights…
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GameStop’s Meme Stock Is Back With A Vengeance
People have been waiting for the GameStop bubble to pop for over a year now. Instead, the ailing brick and mortar video game retailer just posted another record week on Wall Street. Earnings are down. Employee morale is in the pits. But the company’s stock went from $US78 ($108) per share last month to over…
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GameStop Just Made $1.5 Billion Selling Off Its Meme Stock
After circling the drain just a year ago, Gamestop has managed to cash in on its recently skyrocketed meme stock for Scrooge McDuck piles of real cash, pulling in $US1.1 ($1.5) billion dollars.
