GameStop (GME) Executive Chairman Ryan Cohen has been elected new CEO and Chairman. Ryan Cohen is the founder of Chewy, has been a GME board member for two years, and is GME’s largest investor. Michael Pachter discusses this noting that this appointment reflects the difficulty GME has had in attracting competent executives. He talks about how “new” initiatives have failed spectacularly and he remains convinced that GME is doomed. He then goes over names to watch in the gaming and retail space. Tune in to find out more about the stock market today.
The Watch List
28 Sep 2023
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