Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling


Billionaire investor Ryan Cohen cashed out his whole place in Mattress Bathtub & Past this week, capping a wild stretch of buying and selling within the inventory and marking the newest signal that meme-stock mania remains to be alive.

Mr. Cohen, the co-founder of pet-supply retailer Chewy Inc., developed a deep fan base of particular person traders final yr after he ascended to become chairman of GameStop Corp., the unique meme inventory. In March, he revealed an activist position in Mattress Bathtub & Past, sparking a rally in its share value.


Please enter your comment!
Please enter your name here

Share post:




More like this

ChatGPT acquired 100 million active users faster than TikTok and Instagram

ChatGPT, the artificial intelligence-powered...

Manhunt For Dating App Torturer Ends With Discovery Of Multiple Dead Bodies

The excellent news is, this manhunt is over....

Understanding Brain’s Response to Chronic Stress!

Scientists on the Medical Faculty of Georgia at...

It Sure Does Sound Like Biden Steamrolled Kevin McCarthy In Their Meeting

Speaker Kevin McCarthy was speaking an enormous recreation...