GameStop Extends Surge As Chairman Ryan Cohen Boosts Stake To $1.2 Billion

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The Street

By Martin Baccardax Ryan Cohen’s RC Ventures boosted its stake in GameStop this week as the meme stock favorite tests the highest levels of the year. GameStop (GME) – Get GameStop Corp. Class A Report shares surged higher in pre-market trading after an investment group lead by chairman Ryan Cohen unveiled a purchase of around 100,000 shares in the money-losing video game retailer. Securities and Exchange Commission filings late Tuesday showed that Cohen’s RC Ventures LLC, which has also built stakes in Bed Bath & Beyond (BBBY) – Get Bed Bath & Beyond Inc. Report, now owns around 9.1 million Ga…

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