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GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than half his $1 billion stake to secure a margin loan.
Ryan Cohen is the CEO of GameStop and an activist investor. Since 2022, Cohen has accumulated $1 billion worth of Alibaba stock. He has pushed Alibaba's board to repurchase company shares.
GameStop says it plans to focus on the trading-card business moving forward. This comes as the video game industry grows increasingly digital. Shares of the company fell 20% Thursday following an ...
GameStop (GME) was at the center of the meme stock mania that gripped Wall Street four years ago. Today, GME stock trades near $23 per share, valuing the company at a market cap of $9.9 billion. Over ...
GameStop has raised another $450 million through a follow-on sale of zero-coupon convertible senior notes, pushing its total ...
CEO Ryan Cohen has helped stabilize GameStop's business. What Cohen does with GameStop's cash will determine whether he can transform the company. Under the stewardship of CEO Ryan Cohen, GameStop ...
In 1994, baseball pitcher Bill Lee told filmmaker Ken Burns about his baseball card collection as part of Burns' sprawling ...
It is not surprising that the market for physical video games is in decline. For some years now, digital distribution and faster internet connection speeds have made gamers prefer to start playing ...
GameStop shares tumbled 22% on Thursday after the company announced plans to raise $1.75 billion through convertible senior notes, according to Benzinga. While the notes are earmarked for "general ...