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GameStop investor Ryan Cohen urges strategic review

GameStop investor Ryan Cohen urges strategic review

FILE PHOTO: A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike Blake

REUTERS: One of GameStop Corp's largest shareholders, Ryan Cohen, in a letter on Monday urged the videogame retailer to immediately conduct a strategic review of its business.

"GameStop needs to evolve into a technology company that delights gamers and delivers exceptional digital experiences – not remain a video game retailer that overprioritizes its brick-and-mortar footprint and stumbles around the online ecosystem," Cohen said in a letter https://www.sec.gov/Archives/edgar/data/1326380/000101359420000821/rc13da3-111620.pdf addressed to the company's board.

(Reporting by Eva Mathews in Bengaluru; Editing by Krishna Chandra Eluri)

Source: Reuters

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