Investors flooded social media platforms such as Reddit on Friday with criticism of Ryan Cohen’s sale of his stake in Bed Bath & Beyond Inc., blaming him for helping fuel a meme stock rally only to then walk away with a $60 million profit. The billionaire investor disclosed on Thursday he had sold his 9.8…
Ryan Cohen’s $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire
Ryan Cohen and Bed Bath & Beyond Reach Agreement
Bed Bath & Beyond has named three new independent directors to the Board of Directors. The agreement comes after it was announced earlier this month that Ryan Cohen and RC Ventures had acquired 9.8 percent of the company and were pushing for changes. “By refreshing the Board with shareholder-designated individuals who possess capital markets acumen…
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