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GameStop can buy shares in other companies - will it be a value investor?

Summary by Ground News
GameStop (GME) is the center of stock market conversation after its mixed Q3 earnings report. Ryan Cohen is the founder of Chewy (CHWY) and invested heavily in Apple (AAPL) and Wells Fargo (WFC) Earlier this year, Cohen took a stake in Alibaba (BABA) worth hundreds of millions.

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GameStop can buy shares in other companies - will it be a value investor?

GameStop faces criticism for allowing management to invest in other companies with excess cash, leading to concerns about their confidence in their own stock.

·United States
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Seeking Alpha broke the news in United States on Friday, December 8, 2023.
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