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Ryan Cohen

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GameStop Rally Fueled by CEO's 'Very Large' Acquisition Hint
market-news1 month ago

GameStop Rally Fueled by CEO's 'Very Large' Acquisition Hint

GameStop (GME) rose around 6.5% on Monday after CEO Ryan Cohen said he wants to transform the retailer with a very large acquisition of a consumer company, a deal he did not name but which could lift the company’s market cap from about $10.5 billion to over $100 billion. The move signals a push to move GameStop away from meme-stock status toward growth on merit, supported by stronger trading volume and improving profitability as analysts note a healthier balance sheet.

GameStop climbs on Cohen’s tease of a mega‑deal
markets1 month ago

GameStop climbs on Cohen’s tease of a mega‑deal

GameStop shares rose in premarket trading after CEO Ryan Cohen’s media blitz suggesting a major acquisition, with CNBC/WSJ reports that he’s aiming to buy a much larger company and could push GameStop’s value toward hundreds of billions. Cohen’s pay is tied to hitting a $20 billion market cap and $2 billion in cumulative EBITDA from Q1 2026 onward, thresholds last exceeded during the 2021 meme surge. A Fox Business interview was canceled as Cohen works on a “monumental” plan, and investors are weighing potential targets touted by Michael Burry.

Could GameStop Become a Berkshire Hathaway–Style Conglomerate Under Ryan Cohen?
business1 month ago

Could GameStop Become a Berkshire Hathaway–Style Conglomerate Under Ryan Cohen?

Michael Burry has bought GameStop not for its core business but for the leadership of Ryan Cohen, drawing a Buffett-like comparison and suggesting the potential for GameStop to resemble Berkshire Hathaway in the long run. Cohen owns about 9% of the company and has steered GameStop toward digital commerce, collectibles, and a Bitcoin investment, helping it outperform the market, yet the Berkshire analogy remains unproven and investors are advised to approach any GameStop bets with caution and a speculative mindset.

GameStop Aims for a $100B Leap via Major Acquisition, Cohen Signals New Path
business1 month ago

GameStop Aims for a $100B Leap via Major Acquisition, Cohen Signals New Path

GameStop surged after CEO Ryan Cohen outlined a bold plan to grow the company from about $11B to over $100B, potentially via a large consumer/retail acquisition that Cohen acknowledged could be genius or a mistake. Investor Michael Burry urged a Berkshire Hathaway–style use of cash for a strong, cash-generating buyer, while the board tied Cohen’s pay to performance. With roughly $9B in liquidity and strategic store closures to fund higher-margin products, GameStop is taking bigger risks even as TipRanks’ AI rates it Neutral with a $25 target.

Burry backs GameStop, triggering a fresh rally and heightened options activity
markets1 month ago

Burry backs GameStop, triggering a fresh rally and heightened options activity

Michael Burry stated on a Substack post that he owns GameStop and has been buying recently, signaling a long-term thesis and possible value near tangible book value. The disclosure sparked a rally as GME traded around $24.15 (up ~4%), with heavy volume and a surge in short-dated call options (strikes near $20–$25) as traders bet on more upside and link the move to meme-stock dynamics tied to Ryan Cohen.

Burry Bets Big on GameStop: A Patient Value Play
market-news1 month ago

Burry Bets Big on GameStop: A Patient Value Play

Michael Burry revealed on Substack that he has been buying GameStop (GME), targeting a value around 1x tangible book value/1x net asset value and signaling a multi-year hold rather than a quick squeeze. He emphasizes governance and capital allocation under Ryan Cohen and is willing to wait years to see the story play out. The move comes as GameStop has rebuilt its balance sheet—liquid assets, cash, and even Bitcoin—creating a cushion that points to a renewed focus on valuation and cash generation rather than meme-driven hype.

GameStop insiders deploy multi-million bet as Cohen leads fresh stake boost
business1 month ago

GameStop insiders deploy multi-million bet as Cohen leads fresh stake boost

GameStop insiders, led by CEO/Chairman Ryan Cohen, bought about 1 million shares across Jan 20–21 for roughly $21.36 million, with director Alain Attal adding 12,000 shares. Trading in the low $20s amid volatility, the buys could bolster sentiment and help establish a near-term price floor around $21 as the company pursues cost cuts and cash preservation.

GameStop Starts 2026 With Mass Store Closures and a $35B CEO Pay Plan
business1 month ago

GameStop Starts 2026 With Mass Store Closures and a $35B CEO Pay Plan

GameStop reportedly began 2026 by shuttering up to 296 US stores in the first week, with signs offering a 20% trade-in bonus if customers visit other GameStop locations. The closures may be connected to CEO Ryan Cohen’s at-risk pay package, which could total $35 billion if the company reaches a $100 billion market cap, distributed in nine tranches starting at $20 billion. Separately, RNZ reports GameStop is considering ending EB Games in New Zealand, potentially closing 38 stores pending a full consultation with affected staff.

"GameStop Surprises with First-Time Profitability, Sony Halts Production, and Trump Media Soars"
businessfinance1 year ago

"GameStop Surprises with First-Time Profitability, Sony Halts Production, and Trump Media Soars"

GameStop Corporation has reported profitability for the first time in over six years, defying Wall Street expectations and marking a remarkable turnaround under the leadership of Ryan Cohen. The company's strategic store closures and focus on optimizing operations have led to a significant increase in earnings, surpassing industry giants and positioning GameStop as a potential candidate for inclusion in the S&P500 index. With a strong financial position and renewed investor confidence, GameStop's resurgence serves as an inspiring narrative of resilience and adaptability in the face of adversity.

GameStop's Memes to Stocks: Ryan Cohen's Controversial Investment Pivot
business2 years ago

GameStop's Memes to Stocks: Ryan Cohen's Controversial Investment Pivot

GameStop, the retailer-turned-meme-stock, has announced a new "investment policy" that allows CEO Ryan Cohen to invest the company's $900 million cash and cash equivalents in other companies' stocks. This move comes after GameStop became debt-free and spent funds on upgrading systems and partnerships. While some analysts are skeptical, GameStop shareholders have responded positively, with the company's shares rising 10% in today's trading session.

GameStop's Controversial Shift: Allowing CEO Ryan Cohen to Invest Company Funds in Stocks
business2 years ago

GameStop's Controversial Shift: Allowing CEO Ryan Cohen to Invest Company Funds in Stocks

GameStop has announced changes to its corporate investment plan, allowing CEO Ryan Cohen to use company cash to buy equities instead of just short-term debt. Cohen now has control over the company's investments, and he may invest in the same companies as GameStop. This decision has been criticized by analysts, who argue that investors have other investment options and that GameStop should use its excess cash to buy back stock. The struggling retailer reported a decline in net sales for the quarter and has yet to release a detailed turnaround plan. GameStop's stock has significantly dropped from its meme stock era highs.

GameStop Stock: Handle with Care!
finance2 years ago

GameStop Stock: Handle with Care!

Investors hoping for a GameStop short squeeze or a turnaround under CEO Ryan Cohen may be disappointed. The short-squeeze frenzy that boosted GameStop's market capitalization in 2021 seems to have lost momentum, leaving investors with shares of an unprofitable business. Rumors of a ban on naked short selling are unfounded, as the practice is already illegal. Cohen's leadership abilities have been called into question, with concerns about his cost-cutting approach and lack of experience managing a physical retailer. Some analysts warn that GameStop's path to zero is relentless and likely unstoppable, advising investors to stay away from GME stock.