Reported 10 months ago
GameStop is facing challenges in its retail operations and is suggested to shift to a model similar to Warren Buffett's Berkshire Hathaway. The company, led by Ryan Cohen, has been experiencing fundamental issues in the video gaming industry, leading to financial losses. GameStop's recent strategies, cash influx from share sales, and lack of sell-side research coverage hint at a potential transition to a holding company, focusing on different investment opportunities rather than retail operations.
Source: YAHOO