CEO Ryan Cohen Is Turning GameStop Around, But Does That Make the Stock a Buy?

While GameStop (NYSE: GME) once looked destined to go the way of the dodo bird, CEO Ryan Cohen's efforts have led to a turnaround at the company. This was once again on display when the company reported its fiscal second-quarter results.The resurrection of GameStop has been one of the biggest surprises in retail, perhaps only behind Build-a-Bear. When Cohen took the helm in the fall of 2023, the video game retailer was seeing multiple headwinds. Console makers hadn't released a new platform since 2020, and there was a shift to digital downloads and subscription models from physical games. There really seemed to be no reason for GameStop to exist anymore.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool