Ryan Cohen, Here’s Some Advice for You Regarding GameStop (GME)
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According to GameStop’s co-founder, the company now led by Ryan Cohen needs to reduce its stores footprint in order to succeed in the long term. Co-founder Gary Kusin advises GameStop to streamline operations by reducing its store footprint through layout optimization and increased online sales. Despite challenges, GameStop reported its first annual profit in 2023…
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Should investors follow a GameStop board member who keeps buying more shares? GameStop’s director, Larry Cheng, has increased his holdings in the company by purchasing an additional 10,000 shares, signaling confidence in its future prospects. Cheng’s insider purchase is part of a broader pattern, including previous buys by him, Director Alain Attal, and CEO Ryan…