Trump Nominee Was a Central Character in Collective Meme Stock Delusion
Wall Street bet on GameStops failure; its popularity online helped the company beat back the vultures. Similar efforts to revive Bed Bath & Beyond were a failure. Cohen tooka $120 million stakein $BBBY in March 2022 more than his original investment in GameStop. William Pulte, nominee to lead the Federal Housing Finance Agency testifies before the Senate Banking Committee on Feb. 27, 2025.Kayla Bartkowski/Getty Images In August 2022, after Cohenpubliclydisclosedhe was betting on $BBBY to surge, the stock spiked....