Top GameStop Investor Wants to Turn Retailer Into Amazon Rival [Yahoo! Finance News]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: Yahoo! Finance News
(Bloomberg) -- Ryan Cohen, the entrepreneur who built Chewy.com into a pet-supply giant and sold it for more than $3 billion, is now pitching GameStop Corp. on a lofty goal: becoming a true competitor to Amazon.com Inc., according to a person familiar with the matter.After acquiring a nearly 10% stake in GameStop -- making him the video-game retailer’s biggest individual investor -- Cohen disclosed on Monday that he is holding talks with management and several board members. Cohen’s firm, RC Ventures, has expressed willingness to get more involved with the company in order “to produce the best results for all shareholders,” according to a filing.Cohen’s vision, which isn’t yet public, is to broaden GameStop’s online selection and compete head-to-head with some of the biggest e-commerce companies, according to the person. Rather than just offering video games and a smattering of toys, clothing and accessories, GameStop’s website would sell a wide range of merchandise and ship it to cus
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GME
Earnings
- 3/26/24 - Miss
GME
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form 4
- 4/4/24 - Form 8-K
- GME's page on the SEC website