Gamestop Corp. (GME)
GameStop Turns eBay Pursuit Into a Nearly $5 Billion Investment
GameStop's multibillion-dollar investment in eBay could signal a shift in its pursuit of the online marketplace from would-be acquirer to influential shareholder, while giving the video game retailer a significant foothold in digital commerce.
GameStop's Q2: Stronger Economics Behind The eBay Story
GameStop's $55.5 billion eBay swing rattled the stock, but a partnership could preserve much of the strategic upside without forcing shareholders to swallow the whole deal. Beneath the EBAY noise, the old retailer is finally showing some teeth: operating profits are climbing even as revenue keeps shrinking. The dilution sting is still real, but the 55.5 million-share exchange finally puts a number on what had been an open-ended overhang.
GameStop Stock in Rally Mode After Preliminary Q2 Results
GameStop Corp (NYSE:GME) stock is bucking the broad market trend this morning, up 5% to trade at $18.75.
GameStop preliminary Q2 report: does it change the investment thesis?
GameStop (GME) stock is gaining on Monday after the gaming merchandise retailer's surprise release of its preliminary second-quarter results. Despite the positive price action, core challenges persist – net sales are projected to decline year-on-year to between $780 million and $800 million, down sharply from $972 million a year ago.
GameStop Expects Higher Profit Despite Lower Sales
The videogame retailer said it anticipates net income of $290 million to $310 million for its 13 weeks ended Aug. 1, up from net income of $168.6 million in last year's second quarter.
GameStop's Game Has Paid Off (Rating Upgrade)
GameStop (GME) is upgraded to a soft ‘buy' as revenue, profitability, and cash flows improve significantly amid a stronger collectibles business. GME posted 14% revenue growth YoY, with net income rising from $44.8M to $389.6M and adjusted net profits more than doubling. Management expects EBITDA to exceed $600M this year, and a large net cash position ($4.2B) supports balance sheet strength.
EBay may dodge a GameStop takeover — but there's a new twist in the Ryan Cohen saga
Bloomberg says GameStop could propose collaborating with eBay in some way other than a merger. Some analysts doubt whether eBay would benefit much from that sort of deal.
Is GameStop Giving Up on eBay?
GameStop could be pulling back from its attempt to merge with eBay.
GameStop CEO Ryan Cohen mulls dropping $56B eBay takeover bid: report
Cohen – who became a favorite of retail investors as GameStop rose to “meme stock” prominence – is instead considering proposing a partnership that would allow eBay access to GameStop's base of approximately 1,600 US stores, Bloomberg reported, citing people familiar with the matter.
eBay stock slides 4% after report says GameStop may abandon takeover bid
Shares of eBay EBAY fell about 4% on Monday after a Bloomberg report said GameStop chief executive Ryan Cohen is considering abandoning the video game retailer's proposed $56 billion acquisition of the online marketplace in favour of a partnership. According to Bloomberg News, citing people familiar with the matter, GameStop is exploring the possibility of a joint venture or strategic partnership with eBay instead of pursuing a full takeover.
GameStop CEO Could Withdraw $56 Billion Bid on eBay
GameStop is reportedly considering withdrawing its $56 billion proposal to acquire eBay. Instead, GameStop CEO Ryan Cohen is thinking about proposing a partnership or joint venture that would let eBay leverage the video game retailer's 1,600 locations in the U.S., Bloomberg News reported Monday (Aug. 10), citing sources familiar with the matter.
Wall Street Lunch: GameStop CEO Ryan Cohen Reconsiders EBay Takeover: Bloomberg
GameStop (GME) is reconsidering its $56B eBay (EBAY) acquisition offer, exploring alternative deals like partnerships or joint ventures. Apple's (AAPL) 256GB iPhone 18 Pro will cost about 38% higher in Q3 than the comparable model launched in 2025, due to surging component costs.
