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Stock impact report

GameStop CEO Ryan Cohen Targets $100 Billion Valuation With 'Big' Acquisition Plan: 'Genius Or...Totally Foolish' [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The CEO, in an interview with The Wall Street Journal on Thursday, stated that he plans to transform GameStop from an $11 billion company into a $100 billion-plus business that goes far beyond selling video games and collectibles. To achieve the same, he is considering a significant acquisition of a publicly traded company, potentially in the consumer or retail sector, where he has extensive experience. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it The billionaire declined to disclose the potential acquisition targets but indicated that they would be “big.” He acknowledged the high stakes of the move, saying that it would ultimately either prove to be “genius or totally, totally foolish.” GameStop's stock has been on a rollercoaster ride, with a recent surge following the disclosure of a fr Show less Read more
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