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Lauren Thomas

๐Ÿ‘ค Speaker
154 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Can GameStop Really Buy eBay?

It went crazy, exactly.

The Journal.
Can GameStop Really Buy eBay?

Shares of GameStop were up 134% today, continuing an unlikely rally.

The Journal.
Can GameStop Really Buy eBay?

Ryan Cohen became part of this community and really spoke to this community of people that started rallying behind him, and he kind of became the chosen one.

The Journal.
Can GameStop Really Buy eBay?

Under Ryan Cohen's leadership, GameStop has shuttered thousands of stores, you know, in malls all across the U.S.

The Journal.
Can GameStop Really Buy eBay?

and Canada.

The Journal.
Can GameStop Really Buy eBay?

And so, you know, when you talk to Ryan, it's all about cutting costs, you know, getting the business profitable again, where it's producing cash flow.

The Journal.
Can GameStop Really Buy eBay?

But that is probably in part, you know, why Ryan Cohen is looking to do something big because he, you know, from his perspective, he needs to make big moves, possibly pursue a big deal in order to keep growing the business.

The Journal.
Can GameStop Really Buy eBay?

So in talking to Ryan Cohen, he's laid out the case for why he wants to do this deal.

The Journal.
Can GameStop Really Buy eBay?

He told me, you know, this is a company that he thinks could not just be worth 50, 56 billion dollars, but it could be worth hundreds of billions of dollars if he was running it.

The Journal.
Can GameStop Really Buy eBay?

Yeah.

The Journal.
Can GameStop Really Buy eBay?

Right.

The Journal.
Can GameStop Really Buy eBay?

Now that this has started to get out, like maybe there's like some negative, like criticism out there.

The Journal.
Can GameStop Really Buy eBay?

Oh, how does he pull this off?

The Journal.
Can GameStop Really Buy eBay?

How would you respond to that?

The Journal.
Can GameStop Really Buy eBay?

I guess.

The Journal.
Can GameStop Really Buy eBay?

Right.

The Journal.
Can GameStop Really Buy eBay?

And Ryan Cohen has said eBay's a great company and they've got a lot going for them.

The Journal.
Can GameStop Really Buy eBay?

I think he just thinks they're not doing enough.

The Journal.
Can GameStop Really Buy eBay?

And so I think he views it as a great digital platform where he could get in, you know, get his hands dirty.

The Journal.
Can GameStop Really Buy eBay?

And it's a starting point to build something much larger than what it is.