GameStop's CEO Ryan Cohen Proposes Musk-Inspired Compensation Plan, Igniting Retail Controversy; Stock Remains Underperforming
New Compensation Plan for CEO: GameStop announced a new compensation plan for CEO Ryan Cohen, potentially allowing him to earn up to $35 billion based on company stock and profit milestones.
Mixed Retail Response: The retail response to the compensation plan has been mixed, with many investors expressing concerns about the company's share weaknesses despite a temporary stock gain following the announcement.
Comparison to Tesla's CEO: Cohen's compensation structure resembles that of Tesla CEO Elon Musk's previous plan, which faced legal scrutiny, highlighting the ambitious nature of Cohen's goals for GameStop.
Market Sentiment and Stock Activity: Following the announcement, GameStop's stock experienced fluctuations, with a shift in retail sentiment from bearish to bullish, as investors discussed the potential for significant growth amidst ongoing market volatility.
Trade with 70% Backtested Accuracy
About the author






