Shares of Bed Bath & Beyond Inc (NASDAQ: BBBY ) were surging Monday on the heels of news that Ryan Cohen took a stake in the company and is pushing for changes. Here’s a look at how Cohen’s biggest e-commerce bets have fared. What Happened: It was announced over the weekend that Cohen holds a 9.8% stake in retailer Bed Bath & Beyond. Cohen and his investment firm RC Ventures are a top five shareholder in the company. A letter sent to the Bed Bath & Beyond Board of Directors was viewed by The Wall Street Journal and is said to call for a push to streamline the company’s strategy and consider strategic alternatives like spinning off or selling the company’s Buybuy Baby brand. The letter from Cohen comes as Bed Bath & Beyond laid out a turnaround plan that included reducing the number of items in stores and the launch of private label brands. Cohen said that the spinoff of Buybuy Baby could be worth several billon dollars. In the letter, Cohen said he is not in a position to join the board of Bed Bath & Beyond given his focus on GameStop Corp (NYSE: GME ).

Bed Bath & Beyond Goes to the Moon

04:34pm, Monday, 07'th Mar 2022 The Wall Street Journal
The struggling retailer’s shares surged after GameStop Chairman Ryan Cohen disclosed a stake in it.
Cohen saw $127 million in paper profits on Monday, as his stake that was worth about $150 million on Friday turned into just over $275 million.
Shares of Bed Bath & Beyond rose by more than 65% in premarket trading on Monday after it was learned that activist investor Ryan Cohen bought a 10% stake in the company. Cohen, the CEO of video game retailer GameStop and the co-founder of online pet store Chewy, bought a piece of the domestic merchandise…
It appears The Wall Street Journal first broke the story on Sunday that Chewy (CHY) co-founder and current GameStop (GME) CEO Ryan Cohen has taken a n
GameStop chairman and Chewy.com chairman Ryan Cohen has built a 10% stake in Bed, Bath & Beyond and is pressing for changes at the home furnishings retailer.
Bed Bath & Beyond is under siege from GameStop Chairman Ryan Cohen.

Bed Bath & Beyond Stock Price Soars Premarket on Ryan Cohen’s Stake

11:21am, Monday, 07'th Mar 2022 The Wall Street Journal
The large stake by the billionaire co-founder of online pet-products retailer Chewy is reminiscent of his move to amass a position in GameStop and lay the groundwork to take over the company’s board.

Bed Bath & Beyond Stock Price Soars Premarket on Ryan Cohen''s Stake

11:21am, Monday, 07'th Mar 2022 The Wall Street Journal
The large stake by the billionaire co-founder of online pet-products retailer Chewy is reminiscent of his move to amass a position in GameStop and lay the groundwork to take over the company’s board.
Chewy (CHWY) co-founder and GameStop (GME) chairman Ryan Cohen has taken a large stake in Bed Bath & Beyond (BBBY) and is urging the retailer to explore alternatives, including a…
Ryan Cohen, co-founder of online pet products retailer Chewy Inc , has a large stake in Bed Bath & Beyond Inc and is pushing the housewares retailer to streamline strategy and explore strategic alternatives, the Wall Street Journal reported on Sunday.
(Reuters) – Ryan Cohen, co-founder of online pet products retailer Chewy Inc, has a large stake in Bed Bath & Beyond Inc and is pushing the housewares retailer to streamline strategy and explore strategic alternatives, the Wall Street Journal reported on Sunday.
(Reuters) – Ryan Cohen, co-founder of online pet products retailer Chewy Inc, has a large stake in Bed Bath & Beyond Inc and is pushing the housewares retailer to streamline strategy and explore strategic alternatives, the Wall Street Journal reported on Sunday. Cohen, who also serves as chairman of videogame retailer GameStop Corp, owns 9.8% … Read More

GameStop Chairman Ryan Cohen Takes Large Stake in Bed Bath & Beyond

12:00am, Monday, 07'th Mar 2022 The Wall Street Journal
The billionaire cofounder of Chewy urges the house-wares retailer to consider a sale or separation of Buybuy Baby and to simplify its turnaround plan.
About a year after retail traders turned the tables on institutional investors, targeting outsized short positions that sent GameStop Corp (NYSE: GME ) shares soaring, former SEC commissioner Robert Jackson spoke about the underlying problem with Jon Stewart . "To be fair to the SEC … these are folks who are underfunded and undermanned," Jackson said Thursday on " The Problem With Jon Stewart Podcast ," which is available on Apple Inc''s (NASDAQ: AAPL ) Apple TV+. ''They''ll Sue You And Win'': During the Trump administration, the SEC workforce declined by 5% while the stock market boomed, Jackson said. The regulator doesn''t have enough money to hold people accountable, ... Full story available on Benzinga.com
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