Ryan Cohen .css-1h1us5y-StyledLink{color:var(–interactive-text-color);-webkit-text-decoration:underline;text-decoration:underline;}.css-1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;}took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut.

Meme-stock investors loved the idea. Ordinary consumers, it turns out, did not. 

.css-1af19da-StyledContainer{display:none;border-top:1px solid #b5b5b5;border-bottom:1px solid #b5b5b5;}

.css-199tfnz-SubHeadWrapper{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}

.css-1eusuto-SubHead{font-size:18px;font-weight:var(–font-weight-medium);line-height:24px;font-family:var(–font-font-stack-retina-narrow);letter-spacing:0.992px;text-transform:uppercase;padding:20px 0 16px;margin:0;color:var(–primary-text-color);}

What’s News

.css-1cjdgc9-MoreButton-StyledMoreButton{background-color:var(–primary-background-color);border:1px solid currentcolor;border-radius:4px;color:var(–interactive-text-color);font-family:var(–font-font-stack-retina);font-size:13px;font-weight:350;height:20px;line-height:16px;padding:2px 4px;cursor:pointer;margin-left:auto!important;}.css-1cjdgc9-MoreButton-StyledMoreButton:hover{background:rgba(2, 116, 182, 0.1);}

.css-1qj8uh7-List{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin:0;-webkit-column-gap:15px;column-gap:15px;padding:0 0 24px 0;list-style-type:none;}.css-d2t4cz-ArticleOverlay{background-color:var(–color-black-opac-50);position:fixed;width:100%;height:100%;top:0;left:0;z-index:var(–z-nav-overlay-open);display:none;}.css-1521d8k-OverlayContainer{background:var(–primary-background-color);border-radius:10px 10px 0 0;height:90%;width:100%;position:fixed;top:100%;left:0;-webkit-transition:top 1s;transition:top 1s;z-index:calc(var(–z-nav-overlay-open) + 1);width:388px;height:100%;left:initial;right:0;-webkit-transition:initial;transition:initial;border-radius:0;}.css-1521d8k-OverlayContainer.active{top:10%;}.css-1521d8k-OverlayContainer .ep27u1v6{padding:0 20px;}.css-1521d8k-OverlayContainer .ehmqrc10{padding:0;margin:28px 0;}.css-1521d8k-OverlayContainer .ep27u1v4{-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;height:calc(100% – 72px);overflow-y:auto;padding:4px 20px 24px;}.css-1521d8k-OverlayContainer .ep27u1v4 li+li{margin-top:24px;}.css-1521d8k-OverlayContainer.active{top:0;}.css-1521d8k-OverlayContainer .ep27u1v6{padding:0 16px;}.css-1521d8k-OverlayContainer .ep27u1v4{padding:4px 16px 24px;}.css-1521d8k-OverlayContainer .ep27u1v4 li+li{margin-top:16px;}

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Upgrading Your Outdoor Space for More Fun and Profit

Small outdoor structures and flex spaces that can be used to walk…

Tesla Introduces Upgraded Model S to Jump-Start High-End Model Sales

Elon Musk is aiming to breathe new life into Tesla Inc.’s TSLA…

I thought I was reading picture books to my son. The truth was more exciting.

My 3-year-old can’t say his R’s, so every time I finish reading…

Activist Mantle Ridge Has $1.8 Billion Stake in Dollar Tree

Activist investor Mantle Ridge LP has at least a $1.8 billion stake…