GameStop Stock Has Been on a Tear. Now We Know Why.

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https://www.barrons.com/articles/gamestop-stock-price-ryan-cohen-shares-51648023588

Updated March 24, 2022 / Original March 23, 2022

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Chairman Ryan Cohen snapped up 100,000 more shares in GameStop, boosting his holding to 11.9%. Michael M. Santiago/Getty Images

GameStop stock has been on an absolute tear over the past seven days—and now we know why. Chairman Ryan Cohen snapped up 100,000 more shares in the meme stock, according to a regulatory filing late Tuesday, taking his holding up to 11.9%.

The purchase was made through Cohen’s RC Ventures LLC Vehicle and takes his holding up to 9,101,000 shares.

“I…

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