Activist Update: Ryan Cohen Targets Bed Bath & Beyond (BBBY)
-------------------------------------------------
Free Investor Resources from Boardroom Alpha
----------------------------------------------------
** Podcast: Know Who Drives Return
** Daily SPAC Newsletter
** Full SPAC Listing
Gamestop (GME) chairman Ryan Cohen has taken aim at Bed Bath & Beyond (BBBY), pushing for change. He is calling on the company to explore strategic alternatives or explore a sale.
We're not exactly buying the turnaround story on this one and view it more as a meme stock setup.
BBBY stock currently trades ~$23 per share, down over 70% from an all-time high of ~$80 reached in 2013.
More from Boardroom Alpha
For ongoing tracking, analytics, and data on SPACs checkout Boardroom Alpha's SPAC Data and Analytics service.
Free Investor Resources from Boardroom Alpha
- Podcast: Know Who Drives Return
- Daily SPAC Newsletter
- Full SPAC Listing
- SPAC Market Review - January 2022
Monthly SPAC Market Review
- SPAC Market Review - January 2022
- SPAC Market Review - December 2021
- SPAC Market Review - November 2021
The Know Who Drives Return Podcast (all episodes)
- Exclusive: Polestar CEO Thomas Ingenlath Joins the Podcast
- Cepton CEO Dr. Jun Pei Is Feeling Confident That the Company Has What It Takes to Lead in LiDAR
- AEye CEO Blair LaCorte on why Now is the Time to Look at LiDAR
(Disclaimers: this is not investment advice. The author may be long one or more stocks mentioned in this report.)
