The founder of Chewy has increased his stake in GameStop.

Activist investor Ryan Cohen, founder of e-commerce giant Chewy, reported in a Schedule 13D filing that he’s increased his position to a 12.9% stake (9,001,000 shares) in GameStop Corp.

Over 9,000,000 shares. We see what you did there Cohen.

Ryan Cohen’s 13D Filing from December 21st 2020

The shares cost RC Ventures $75,899,399, excluding brokerage commissions, according to the filing.

RC Ventures purchased shares as low as $13.80, and as high as $16.02.

Source: RC Ventures 13D

3 thoughts on “Ryan Cohen Increases Stake

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