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Top related persons:
Ryan Cohen - 2 Cohen - 2 Matt Furlong - 2 Keith Gill - 1 Pavlo Gonchar - 1 Gill - 1 Michael Khouw - 1 Khouw - 1
Top related locs:
Grapevine , Texas Bengaluru
Top related orgs:
GameStop - 3 CNBC - 2 RC Ventures - 2 Lightrocket - 1 Street Journal - 1 Vanguard - 1 BlackRock - 1 Ryan Cohen's RC Ventures - 1

Search resuls for: "RC Ventures"


7 mentions found


☆ How Roaring Kitty's wealth went from $53,000 to nearly $300 million — and could one day top $1 billion
  + stars: | 2024-06-04 | by ( Yun Li | ) www.cnbc.com   time to read: +3 min
Pavlo Gonchar | Lightrocket | Getty ImagesAlmost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. By the end of the jaw-dropping episode in April 2021, Gill exercised his call options position to have 200,000 common shares. Put another way: If the stock closes above $20 that day, Gill could exercise the options at $20 apiece, leaving him owning an additional 12 million shares. A total of 17 million shares would make him the fourth-biggest shareholder in GameStop, coming in behind Vanguard, BlackRock and Ryan Cohen's RC Ventures, according to FactSet. Zoom In Icon Arrows pointing outwardsThe notional value, if exercised, would be $240 million worth of stock bought at $20.
Persons: Keith Gill, Pavlo Gonchar, Gill, Michael Khouw, Khouw, Morgan Stanley's, Ryan Cohen's Organizations: GameStop, Lightrocket, Street Journal, CNBC, Vanguard, BlackRock, Ryan Cohen's RC Ventures
☆ GameStop's survival demands 'extreme frugality,' CEO Ryan Cohen tells employees
  + stars: | 2023-09-28 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +4 min
Just hours after being named GameStop 's CEO, Ryan Cohen sent out a memo to employees Thursday that emphasized he will take dramatic steps to ensure the struggling video game retailer survives. I expect everyone to treat company money like their own and lead by example." Cohen, a billionaire activist investor and founder of direct-to-consumer pet food and supply retailer Chewy , was named the company's new leader Thursday morning. Cohen's CEO announcement previewed the company's emphasis on slashing costs: He will not receive a salary in his new role. I expect everyone to treat company money like their own and lead by example.
Persons: Ryan Cohen, " Cohen, Cohen, Matt Furlong, Mike Recupero, Furlong, Ryan, CNBC's Gabrielle Fonrouge Organizations: GameStop, CNBC, RC Ventures Locations: Grapevine , Texas
☆ Ryan Cohen scoops up GameStop stock worth $10 mln, shares rise
  + stars: | 2023-06-13 | by ( ) www.reuters.com   time to read: +1 min
June 13 (Reuters) - Ryan Cohen has bought GameStop (GME.N) stock worth $10 million, a securities filing showed on Tuesday, in a sign that the activist investor was trying to boost shareholder morale after the company lost its fifth CEO in five years last week. Shares of the company jumped 7.7% in early trading. They are down nearly 80% from their peak of $120.75 hit during the meme-stock frenzy of 2021. Cohen promised investors a digital pivot, with a focus on e-commerce, but the company has struggled to realize the goal. Reporting by Chavi Mehta in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
Persons: Ryan Cohen, Matt Furlong, Cohen, Chavi Mehta, Anil D'Silva Organizations: GameStop, RC Ventures, Thomson Locations: Bengaluru
☆ As shoppers look for savings, Nordstrom hopes Rack stores can fuel its revival
  + stars: | 2023-05-12 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +9 min
The success or failure of the Nordstrom Rack turnaround effort could shape the company's future. Those chains such as T.J.Maxx , Ross Stores and Burlington Stores , have opened more stores and wooed new customers, driving higher foot traffic than Nordstrom Rack has seen. Nordstrom Rack stores outnumber the company's namesake stores, with 241 locations across the country, according to company filings. Nordstrom Rack stores accounted for more than 40% of new customers in 2022, CEO Erik Nordstrom said on the March earnings call. As it pins its growth hopes on the off-price locations, Nordstrom has turned Rack stores into e-commerce hubs, too.
☆ Dogs hit the catwalk at New York Fashion Week
  + stars: | 2023-02-10 | by ( ) www.reuters.com   time to read: +1 min
Feb 10 (Reuters) - Humankind's best friends stole the show at Elysian Impact's Inaugural CatWalk FurBaby fashion show on Friday during New York Fashion Week. The event brought together designers, models, and rescue animals for a day of fashion and fundraising for animal welfare organizations. [1/3] A dog walks on the runway during the CatWalk FurBaby show during the New York Fashion Week in New York, U.S., February 10, 2023. REUTERS/Jeenah Moon 1 2 3Dr Christina Rahm, CEO of DRC Ventures, the event's lead sponsor - who has three dogs and a cat - manages various brands including a couture luxury pet and human fashion line. So we did a couture line as well," she said backstage ahead of the show.
☆ Bed Bath & Beyond spikes 30% despite bankruptcy fears as Reddit crowd hopes for an M&A miracle
  + stars: | 2023-01-09 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
Bed Bath & Beyond stock jumped 30% Monday after last week's heavy losses. However, Reddit users are speculating that a merger and acquisition deal could be looming to save the meme-stock company. The post cited an NT 10-Q form explaining why Bed Bath & Beyond may file earnings late as well as two December S-4 filings as fuel for the acquisition theory. However, shares tumbled 40% on August 18 when activist investor and GameStop exec Ryan Cohen sold his entire Bed Bath & Beyond stake — 9.45 million shares — via his firm RC Ventures. Bed Bath & Beyond is scheduled to report earnings on Tuesday, following warnings that losses could be as steep as 40%, or about $385.8 million.
☆ 15 venture capitalists that early-stage sports tech, health, and wellness founders should know if they're looking to raise capital
  + stars: | 2022-10-19 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +17 min
Other recent investments include Bumble, Goop, Spring Health, Chief, Found, Daily Harvest, and Blueland. Recent investments include the sneaker-trading platform Tradeblock, which touts itself as an alternative to StockX and Goat. Recent investments include AnyDistance, Balanced, and Juna. Her recent investments include Calibrate, DUOS, Dutch, and Buffalo Market, a food distributor focused on plant-based and organic foods. Recent investments include pickleball products company Revolin, live-sports artificial-reality company Quintar, recovery products company Alleviate, and community cycling app Preem.
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