GameStop, the darling of the WallStreetBets retail-trading movement, has decided to allow CEO Ryan Cohen to start gambling the company’s excess cash on the stock market. It's a highly unusual move that some financial analysts are calling “inane” and “alarming,” and the meme-stock community is celebrating as the first step toward the company becoming the next Berkshire Hathaway. The struggling 90s brand, which received new life in 2021 as retail traders piled in during the meme-stock era, had previously invested excess cash in comparatively boring fixed income securities, a more traditional place to park a company’s ... (full story)