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Michael Burry sold his entire GameStop stake after the company bid $55.5 billion for eBay, warning the deal's debt load kills his "Instant Berkshire" thesis.
We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. GameStop Corp. (NYSE:GME) is one of the stocks discussed by Jim Cramer. Cramer rarely discussed video game retailer GameStop Corp. (NYSE:GME). The CNBC TV host’s remarks about the firm in 2025 saw him advise viewers to invest in video […]
We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. eBay Inc. (NASDAQ:EBAY) is one of the stocks discussed by Jim Cramer. Online retailer eBay Inc. (NASDAQ:EBAY)’s shares are up by 53% over the past year and by 24% year-to-date. Citi discussed the firm on May 6th. It raised […]
Activist investor Ryan Cohen has proposed a massive takeover of eBay Inc., signaling that severe cost-cutting and layoffs could be on the horizon for the e-commerce giant if his ambitious bid succeeds. Case Against Overhead Cohen sharply criticized the company's...
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Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear
GameStop wants to acquire eBay. If GameStop issues more shares, short traders could be circling the waters.
Michael Burry dumped his GameStop shares over the eBay dealing, warning "never confuse debt for creativity.”
GameStop Drops on Funding Fears as eBay Takeover Sparks Skepticism
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GameStop CEO Ryan Cohen is sidestepping questions about how much a proposed takeover of eBay — for $56 billion — would benefit stockholders.
Many viewers feel that the math isn’t adding up.
The suspension comes days after GameStop announced an unsolicited $56 billion bid to acquire eBay for $125 per share in cash and stock, despite GameStop’s market capitalization of just $11.29 billion. Cohen had listed items that accumulated tens of thousands of dollars in bids before the suspension, with a GameStop mug reaching over $3,000 and a Master Chief statue exceeding $10,000. Each listing included a hand-signed copy of Cohen’s takeover proposal letter to eBay management.
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.
Don't expect "meme mania" to repeat itself for Opendoor this year.
GameStop CEO Ryan Cohen has a bold plan to buy eBay, a much larger company than his. And he’s offering a lot of money—$56 billion, or $125 a share. There’s the rub: eBay stock is hovering around $108, a sign that Wall Street doubts Cohen can pull off the deal. Prominent money manager Bill Smead, whose firm has been an eBay stakeholder for nearly 20 years, is skeptical, too.
GameStop made an unsolicited bid to acquire the much-larger e-commerce company.
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