GameStop ousts CEO and Cohen takes reins as sales fall again

Ryan Cohen, the billionaire investor whose bet on GameStop Corp made him popular with meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and reported a wider-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coaster … Continue reading GameStop ousts CEO and Cohen takes reins as sales fall again