GameStop's Ryan Cohen appears to be moving on from bitcoin, eyes 'consumer megadeal' [Yahoo! Finance]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: Yahoo! Finance
In an interview with CNBC last week, CEO Ryan Cohen said the firm plans to acquire a publicly traded consumer company that's "very, very, very big" — one that could potentially boost GameStop's valuation into the hundreds of billions. "It's transformational," Cohen said. "Not just for GameStop, but ultimately, within the capital markets… this is something that really has never been done before." The news has helped send GME's stock price higher by more than 8% on Monday, bringing its year-to-date gain to 25%. That's recouped much of GME's loss since the company in late May disclosed the purchase of 4,710 bitcoin (then worth $428 million) Cohen didn't disclose the target but said he's looking for a firm with an undervalued stock, strong fundamentals, and what he called a "sleepy management team." The goal, he said, is to make the acquired business far more efficient using GameStop's capital, governance, and operational expertise. What makes Cohen's ambition notable for crypto in
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News
- GameStop (NYSE:GME) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "sell (d+)" rating to a "hold (c-)" rating.MarketBeat
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GME
Earnings
- 9/9/25 - Beat
GME
Sec Filings
- 1/26/26 - Form 4
- 1/23/26 - Form SCHEDULE
- 1/22/26 - Form 4
- GME's page on the SEC website