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Alibaba a Target of GameStop's Ryan Cohen. Why the Stock Market Shrugged. - Barron's
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Alibaba a Target of GameStop's Ryan Cohen. Why the Stock Market Shrugged. - Barron's

Alibaba a Target of GameStop's Ryan Cohen. Why the Stock Market Shrugged. - Barron's
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Launching a campaign at the Chinese e-commerce giant is a departure from the activist's other ventures.

Investor Ryan Cohen, who has found fame with activist campaigns at meme stocks such as GameStop and Bed Bath & Beyond is now targeting Chinese e-commerce giant Alibaba  

The billionaire co-founder of Chewy and chairman of GameStop (ticker: GME) has built up a stake worth hundreds of millions of dollars in Alibaba (BABA) in the second half of last year and is pushing for the company to increase its stock buybacks, The Wall Street Journal reported on Tuesday. A person familiar with the matter has confirmed the Journal’s report to Barron’s. 

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