NASDAQ:EBAY 6 May 2026

eBay Bounces Back; Focus Turns to GameStop Moves
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eBay Bounces Back; Focus Turns to GameStop Moves

eBay shares rose 1.6% to $112.13 Thursday after rejecting GameStop CEO Ryan Cohen’s $56 billion takeover bid. GameStop’s $125-a-share offer remains far above eBay’s trading price, reflecting investor doubts. eBay’s board called the bid “neither credible nor attractive” and cited financing concerns. GameStop disclosed direct ownership of 25,000 eBay shares and economic exposure to 29.1 million more through derivatives.
May 28, 2026
GameStop’s $56 Billion eBay Bid Turns Ryan Cohen’s Amazon Ambition Into a Market Test
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GameStop’s $56 Billion eBay Bid Turns Ryan Cohen’s Amazon Ambition Into a Market Test

GameStop CEO Ryan Cohen has made a non-binding $55.5 billion offer to acquire eBay, proposing $125 per share in cash and stock. eBay shares closed at $105.26 Tuesday, well below the offer price, while GameStop’s market value stood at $14.3 billion. GameStop holds about a 5% economic stake in eBay, mostly through derivatives. Financing remains uncertain, with GameStop citing $9.4 billion in cash and a “highly-confident” letter for up to $20 billion.
May 6, 2026