Is GameStop Chair Ryan Cohen the New Carl Icahn?
$GameStop (GME.US)$ $AMC Entertainment (AMC.US)$ $Bed Bath & Beyond Inc (BBBY.US)$ Carl Icahn is well known in the financial world as a pioneering activist shareholder.The strategy of buying sizable stakes in large companies and using voting power to promote shareholder benefits has led Icahn and other corporate raiders to build fortunes.
Ryan Cohen has been gaining a lot of influence in the financial markets after his successful activism as a GameStop shareholder.
Icahn made similar moves with RJR Nabisco, Marvel Comics, Blockbuster, Time Warner, and Texaco Oil, which netted him $700 million.
Today, Icahn's net worth is about $22 billion. Currently, he is chairman of Icahn Enterprises (IEP) - Get Icahn Enterprises L.P. Report, a multi-industry investment firm that trades on the Nasdaq.
I recommend watching a documentary on HBO about Carl Icahn called Icahn: The Restless Billionaire to learn more about his story.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Sam The Greater : Ryan Cohen is Ryan Cohen..
swilki18 Sam The Greater : Your name is awesome.
kind Koala_6840 Sam The Greater : Name checks out