Ryan Cohen just wrote a personal check for a million shares of his own struggling company, and three directors bought the same week.
Insiders are buying some of the best-known stocks in transportation, retail, and real estate. These buys come amid different backdrops for each firm and stock.
In a somewhat unexpected turn of events, the former hedge fund manager and energetic TV personality, Jim Cramer, issued a ‘Buy' rating for the most famous meme stock, GameStop (NYSE: GME), on Thursday, September 17.
GameStop is shifting from a video game retailer to a collectibles-driven business, with collectibles now 45% of revenue versus 33% for video games. Despite an 18.7% revenue decline, GME's operating income and adjusted EBITDA more than doubled, driven by aggressive cost cuts and higher-margin collectibles. Management raised FY2026 adjusted EBITDA guidance from over $600M to over $650M, reflecting improved profitability even as sales fall.
CEO Ryan Cohen bought 1M GameStop shares for about $20M.
GameStop says it is reopening "select" stores nationwide after years of closures as it is increasingly relying on collectibles to drive sales.
Two CEOs filed the same rare SEC disclosure on the same day, each spending their own money to buy shares in their own company without a prearranged trading plan.
GameStop (NYSE:GME | GME Price Prediction) stock is up 4% to $21.26 in early Friday trading after a regulatory filing disclosed that chairman and chief executive Ryan Cohen bought one million shares in the open market.
GameStop's NYSE: GME Q2 2026 results offer intriguing details suggesting it may be time to take the stock seriously. Maybe. The critical details lie within the Collectibles segment, which has long been the company's growth focus.
GameStop (NYSE:GME | GME Price Prediction) stock is up 4% to $19.59 in Wednesday morning trading, powered by a fiscal second-quarter earnings beat, a surge in collectibles revenue, and a same-day insider purchase from one of its directors.
GameStop's latest earnings flipped the script on what kind of company this actually is, and the stock price has not caught up yet. Here is why one overlooked revenue line is rewriting the entire valuation.
The original meme stock is not the company that was famously portrayed in the movie “Dumb Money.”