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GameStop’s ‘Inane’ Pivot Lets CEO Ryan Cohen Invest Funds in Stocks

Summary by Bloomberg
GameStop Corp. disclosed an unorthodox plan for its roughly $900 million in cash and equivalents: allow its billionaire chief executive to buy stocks of other companies.

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GameStop’s ‘Inane’ Pivot Lets CEO Ryan Cohen Invest Funds in Stocks

GameStop Corp. disclosed an unorthodox plan for its roughly $900 million in cash and equivalents: allow its billionaire chief executive to buy stocks of other companies.

·United States
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Bloomberg broke the news in United States on Thursday, December 7, 2023.
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