VL1996
2021-07-23
Still diamond hand
GME Stock: What We Know About Ryan Cohen’s Plans to Upgrade GameStop Stores
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Indeed, shares of","content":"<p>Investors in meme stock <b>GameStop</b>(NYSE:<b><u>GME</u></b>) have been on quite the ride as of late. Indeed, shares of GameStop have an absolutely insane 52-week range of $3.92-$483. At a price of around $180 per share at the time of writing, this stock has been trading in a relatively narrow range lately. That is, as far as GameStop is concerned.</p>\n<p>Today, shares of GME stock are trading down 3%. That said, these kinds of moves are relatively normal for meme stocks. Investors looking for quick wins have opted to consider shares of these meme stocks in recent months. Given GameStop’s relatively highshort interestlevel around 15%, the view that this is a stock that could squeeze continues to drive interest in GME stock.</p>\n<p>However, investors now have another catalyst to rely on. Let’s dive into what GameStop shareholders are looking at today.</p>\n<p>Can GME Stock Surge on Digitization Plans?</p>\n<p>GameStop Chairman and largest shareholder Ryan Cohen has become a key talking point for investors in GME stock. Indeed, the co-founder and former CEO of <b>Chewy</b>(NYSE:<b><u>CHWY</u></b>) has announced plans to revive the faltering video game retailer.</p>\n<p>Today, reports have circulated that Ryan Cohen isproposing a two-part plan.</p>\n<p>The first piece of the plan Mr. Cohen wants to implement is a store revival. The GameStop chairman wants to enhance the customer experience, improving how employees can serve customers. As an experience-based business, such a move will hopefully result in surging sales. The GameStop executive has reportedly visited a number of locations to see firsthand how the customer experience can be improved.</p>\n<p>The second piece of Mr. Cohen’s plan involves the shift toward e-commerce. Given the success Cohen has had with Chewy, this move is what many investors are banking on. Given the fact that GameStop has closed more than 800 stores over the past 15 months, there’s increased pressure on finding another channel to generate revenue. Shifting to e-commerce could resolve this revenue decline.</p>\n<p>Today, this news appears to be doing little to help GameStop’s stock price. Indeed, many investors had already priced in these catalysts. That said, long-term GME shareholders may be comforted knowing there’s work going on behind the scenes.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GME Stock: What We Know About Ryan Cohen’s Plans to Upgrade GameStop Stores</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGME Stock: What We Know About Ryan Cohen’s Plans to Upgrade GameStop Stores\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 10:51 GMT+8 <a href=https://investorplace.com/2021/07/gme-stock-what-we-know-about-ryan-cohens-plans-to-upgrade-gamestop-stores/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors in meme stock GameStop(NYSE:GME) have been on quite the ride as of late. Indeed, shares of GameStop have an absolutely insane 52-week range of $3.92-$483. At a price of around $180 per share...</p>\n\n<a href=\"https://investorplace.com/2021/07/gme-stock-what-we-know-about-ryan-cohens-plans-to-upgrade-gamestop-stores/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/07/gme-stock-what-we-know-about-ryan-cohens-plans-to-upgrade-gamestop-stores/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106508711","content_text":"Investors in meme stock GameStop(NYSE:GME) have been on quite the ride as of late. Indeed, shares of GameStop have an absolutely insane 52-week range of $3.92-$483. At a price of around $180 per share at the time of writing, this stock has been trading in a relatively narrow range lately. That is, as far as GameStop is concerned.\nToday, shares of GME stock are trading down 3%. That said, these kinds of moves are relatively normal for meme stocks. Investors looking for quick wins have opted to consider shares of these meme stocks in recent months. Given GameStop’s relatively highshort interestlevel around 15%, the view that this is a stock that could squeeze continues to drive interest in GME stock.\nHowever, investors now have another catalyst to rely on. Let’s dive into what GameStop shareholders are looking at today.\nCan GME Stock Surge on Digitization Plans?\nGameStop Chairman and largest shareholder Ryan Cohen has become a key talking point for investors in GME stock. Indeed, the co-founder and former CEO of Chewy(NYSE:CHWY) has announced plans to revive the faltering video game retailer.\nToday, reports have circulated that Ryan Cohen isproposing a two-part plan.\nThe first piece of the plan Mr. Cohen wants to implement is a store revival. The GameStop chairman wants to enhance the customer experience, improving how employees can serve customers. As an experience-based business, such a move will hopefully result in surging sales. The GameStop executive has reportedly visited a number of locations to see firsthand how the customer experience can be improved.\nThe second piece of Mr. Cohen’s plan involves the shift toward e-commerce. Given the success Cohen has had with Chewy, this move is what many investors are banking on. Given the fact that GameStop has closed more than 800 stores over the past 15 months, there’s increased pressure on finding another channel to generate revenue. Shifting to e-commerce could resolve this revenue decline.\nToday, this news appears to be doing little to help GameStop’s stock price. Indeed, many investors had already priced in these catalysts. That said, long-term GME shareholders may be comforted knowing there’s work going on behind the scenes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/175379719"}
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