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Why one Wall Street analyst doubts GameStop's e-commerce turnaround plan, even with Ryan Cohen set to become chairman

4 days ago   |   By Business Insider

Stephen Brashear/Invision for Nintendo/AP Images
GameStop's plan to elect activist investor Ryan Cohen to become its chairman isn't winning over Wall Street analysts. CFRA Research reiterated its "sell" rating on GameStop and said plans to make Cohen chairman don't change the fundamental story of the video game retailer. Here's why CFRA is still bearish on GameStop despite its e-commerce turnaround plan. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. GameStop is moving ahead with its turnaround plan to shift its selling strategy to e-commerce from physical...
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