GameStop Ups Its Stake in eBay Further. Ryan Cohen Must Be Betting on Another Meme Stock Surge.
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
GameStop has increased its stake in eBay, with reports varying on the exact percentage, ranging from over 6% to 7.78%. The move is seen as part of a potential takeover bid, with some outlets reporting a $55.5 billion or $56 billion offer. The outcome of the bid is uncertain, as eBay is reported to have rejected the offer, and GameStop's next steps are awaited.
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