Stock Groups

GameStop chairman takes stake in Bed Bath & Beyond, pushes for change -WSJ -Breaking

[ad_1]

© Reuters. FILE PHOTO: An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, U.S., January 29, 2021. REUTERS/Emily Elconin

(Reuters) – Ryan Cohen (NYSE:) Inc is a co-founder at online pet product retailer Chewy. Bed Bath & Beyond Inc The Wall Street Journal reports that the retailer is trying to make housewares more efficient and exploring strategic options.

Cohen also serves as the Chairman of Videogames Retailer GameStop Corp (NYSE:), owns 9.8% of Bed Bath & Beyond through his investment firm, RC Ventures LLC, the WSJ reported, citing a copy of a letter sent to the housewares retailer’s board.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]