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Sristi Suman Jayaswal

Why Ryan Cohen Keeps Doubling Down on GameStop Stock

When a company executive puts more of his own money into the business he runs, investors tend to pay attention. After all, confidence is one thing when you are sitting in the corner office collecting a paycheck—putting millions of your dollars on the line is a different ball game. And when that executive keeps coming back for more, Wall Street naturally starts asking questions.

That brings us to Ryan Cohen, CEO of GameStop (GME), the specialty retailer known for its video game consoles, accessories, gaming software, and entertainment products. Cohen has been on a shopping spree of his own lately, except his preferred merchandise is GameStop stock.

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