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GameStop CEO ‌Ryan Cohen on ‌Wednesday told eBay's board that ​the company should not reject his $56 billion takeover proposal and ‌that ⁠the company's shareholders deserve a chance ⁠to evaluate it. Cohen wrote to the ​chairman of ​eBay ​that he requested ‌a meeting with the company's board but that the board declined, according to the ‌letter which ​was seen ​by ​Reuters. Cohen sent ‌his letter one day ​after ​eBay on Tuesday rejected his stock ​and ‌cash offer.

GameStop CEO Ryan Cohen isn’t giving up on his quest to buy eBay, even after his unsolicited $56 billion takeover proposal was rejected earlier this week. EBay “needs to be on Ozempic–it’s literally obese,” Cohen said in an interview with crypto influencer Anthony Pompliano that was published online Wednesday. Cohen went on to explain why he wants to own eBay, including big cost-cutting opportunities he says he is eyeing.

When eBay roundly rejected a takeover approach from GameStop on Tuesday, one reason was its suitor’s governance. True, it was the sixth reason...

Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.7%. The Dow Jones Industrial Average added just 56 points, or 0.

What Happened in Markets Today Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.

US equity indexes dropped in Tuesday's midday trading as a hotter-than-anticipated inflation print a

All three major US stock indexes were down in late-morning trading after April inflation data came i

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.5% and the actively tr

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and shipping locations.

The e-commerce platform called the offer “neither credible nor attractive” after a rollout by GameStop CEO Ryan Cohen appeared to fizzle.

GameStop stock drops after eBay rejects the retailer's takeover bid.

GameStop stock drops after eBay rejects the retailer's takeover bid.

The e-commerce platform called the offer “neither credible nor attractive” after a rollout by GameStop CEO Ryan Cohen appeared to fizzle.

EBay’s board rejected GameStop’s unsolicited $56 billion takeover proposal. “We have concluded that your proposal is neither credible nor attractive,” eBay’s board wrote in a letter to GameStop CEO Ryan Cohen released today.

EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the deal, while underscoring its turnaround efforts that have boosted growth. EBay ‌stock has been trading far below the offer price of $125 per share since the bid was made earlier this month. It fell 1% to $107 before the bell, while ​GameStop was down 4%.

RealReal (NASDAQ:REAL) reported first-quarter 2026 results that exceeded its expectations, with management pointing to stronger buyer engagement, higher-value transactions and improving operating efficiency across the luxury resale platform. Chief Executive Officer and President Rati Levesque said

Trade court overrules 10% global tariffs, three AI companies are listing next week, GameStop’s short interest could be about to spike, and more news to start your day.

Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear

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eBay suspended Ryan Cohen's account two days after GameStop's $56 billion takeover bid. The ban has since been lifted.

GameStop is looking to acquire a much larger company than itself.