GameStop CEO Ryan Cohen is now free to invest the retailer's cash in stocks, Warren Buffett-style

GameStop CEO Ryan Cohen is now free to invest the retailer's cash in stocks, Warren Buffett-style

GameStop CEO Ryan Cohen.Ryan Cohen GameStop's board says CEO Ryan Cohen is now managing its portfolio and he's free to buy stocks. Cohen may be emulating his role model, Warren Buffett, who picks stocks for Berkshire Hathaway. Wedbush analyst Michael Pachter slammed the board decision as "inane" and "alarming." Ryan Cohen is a big fan of Warren Buffett, and he's just taken his emulation of the famed investor one step further.GameStop's board of …

GameStop Shares Plunge 7% After Revealing Bizarre Plan To Allow CEO Ryan Cohen To Invest Company Cash In Equities

GameStop Shares Plunge 7% After Revealing Bizarre Plan To Allow CEO Ryan Cohen To Invest Company Cash In Equities Shares of GameStop are plunging in the pre-market session, down about 7% after the company announced earnings that missed estimates. But it wasn't the company's perfunctory and boring earnings miss that drew the attention of Wall Street. Rather, it was the company announcement of a new policy that allows its Chief Executive Officer, …