Gamestop Corp. (GME)
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.
GameStop Stock Drops Into the Red for 2026
Shares of GameStop fell into negative territory for 2026 for the first time today.
GameStock Stop Drops Into the Red for 2026
Shares of GameStop fell into negative territory for 2026 for the first time today.
GameStop stock slides after $1.4B debt-for-stock swap raises dilution concerns
GameStop shares fell 10% on Monday after the video game retailer announced plans to exchange $1.4 billion worth of convertible debt for equity, a move that will substantially reduce its long-term debt but dilute existing shareholders. The company said certain noteholders would swap about $400 million of notes due in 2030 and $1 billion of notes due in 2032 for newly issued shares.
GameStop Drops 6%, AMC Rallies 6% in Meme Stock Divergence
The meme-stock cohort is no longer moving in tandem. On Monday morning, GameStop (NYSE:GME | GME Price Prediction) shares are down 6% to $20.42 after a dilutive debt-for-equity exchange, while AMC Entertainment (NYSE:AMC) shares are up 6% to $2.97 on a record box-office weekend.
Why GameStop Stock Just Slumped
Shares of the video-game retailer plummet after it says it will swap $1.4 billion worth of debt for stock.
GameStop Doubles Down On eBay Bid As Ryan Cohen Escalates Pursuit
Ryan Cohen has never been afraid of taking on larger rivals. He transformed Chewy into one of America's biggest online pet retailers, became the architect of GameStop's unlikely revival after the meme-stock frenzy, and has consistently argued that retailers need to reinvent themselves rather than simply chasing scale.
GameStop owns nearly 10% of eBay, SEC filing shows
Videogame retailer GameStop owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, nearly three months after making an unsolicited offer to buy eBay for roughly $56 billion.
GameStop CEO Ryan Cohen Reaffirms Push to Buy EBay After Rejected Offer
GameStop CEO Ryan Cohen said Thursday (July 16) that the company continues to pursue an acquisition of eBay, Bloomberg reported Thursday. In an interview with Bloomberg TV, Cohen declined to say whether he planned to raise his offer for the company but said “we're coming for eBay one way or another,” according to the report.
GameStop: Soaring Collectibles Sales Gives More Credibility To EBay Deal
GameStop is undervalued, with improving standalone performance and a rare, bullish EBITDA outlook exceeding $600 million for FY26. The proposed eBay (EBAY) acquisition is a major catalyst, but GME's robust collectibles growth and margin expansion are compelling on their own. GME trades at just 9.2x EV/FY26 adjusted EBITDA, despite double-digit sales growth and >70% EBITDA expansion, making current levels attractive.
