Tech

Why some investors are excited about Ryan Cohen as GameStop’s next chairman

Ryan Cohen in 2019, probably contemplating ways to turn around struggling brick-and-mortar retailers… Struggling video game retailer GameStop announced Thursday that it intends to name Chewy.com co-founder Ryan Cohen as chairman of its board of directors following its next stockholder meeting on June 9. The move seems likely to further encourage some investors who continue to […]

Tech

GameStop (the stock) and GameStop (the retailer) continue to be worlds apart

Enlarge / It may take more than one bad earnings report to pop this bubble… The last time GameStop announced its quarterly earnings, in early December, the stock market valued the video game retailer at about $1 billion. Following a worse-than-expected earnings report released Tuesday night, the company now has a market cap of just […]