Ryan Cohen - Over $1 Billion for GameStop Investment!
Ryan Cohen (born 1985 or 1986) is the co-founder and former CEO of e-commerce company Chewy, which was acquired by PetSmart in 2017 for $3.35 billion.
Following the sale of Chewy, Cohen made a significant investment in Apple, making him the largest individual shareholder of the tech company with 1.55 million shares (6.2 million split-adjusted shares as of August 31, 2020).
In September 2020, Cohen disclosed a near 10% stake in GameStop, an American video-game retailer, making him the company's biggest individual investor. This was later increased to 12.9% on December 17, 2020 through an amended 13D filing with SEC. According to these filings, Cohen’s firm, RC Ventures, has expressed willingness to get more involved with the company in order “to produce the best results for all shareholders." [1]
Following the sale of Chewy, Cohen made a significant investment in Apple, making him the largest individual shareholder of the tech company with 1.55 million shares (6.2 million split-adjusted shares as of August 31, 2020).
In September 2020, Cohen disclosed a near 10% stake in GameStop, an American video-game retailer, making him the company's biggest individual investor. This was later increased to 12.9% on December 17, 2020 through an amended 13D filing with SEC. According to these filings, Cohen’s firm, RC Ventures, has expressed willingness to get more involved with the company in order “to produce the best results for all shareholders." [1]
