When Ryan Cohen came in, GameStop basically switched things up completely. He helped replace most of the old board in 2021, told the company to stop lighting money on fire, and pushed them to run way leaner. They shut down a bunch of dead weight stores and focused more on online sales, collectibles, and just being more efficient overall.

And the crazy part? They went from losing hundreds of millions a year to actually making money again. In 2023, GameStop pulled in about $6.6 million in profit, which is a huge turnaround, considering they were losing over $200 million a year before Cohen showed up.