News

GameStop, SpaceX, and Hertz Global plunged to fresh 52-week lows on Monday amid a selloff in the shares following multiple negative catalysts.

Share count won't be fixed until a 35-day pricing window closes in September

GameStop and AMC used to rise and fall together, but Monday's tape tells a different story, with a billion-dollar debt deal pulling one name lower while a record-shattering box office sends the other surging.

Shares of the video-game retailer plummet after it says it will swap $1.4 billion worth of debt for stock.

GameStop said certain noteholders would exchange about $400 million in notes due 2030 and $1 billion in notes due 2032 for Class A shares of the company.

GameStop is pursuing a potential acquisition of eBay after an initial rejection, signaling continued interest in expanding beyond its core video game retail business. CEO Ryan Cohen has withdrawn a controversial performance award to emphasize alignment with shareholders and reduce distractions during ongoing talks. The company has raised its financial targets as it renews its push around this potential deal, highlighting the importance of this effort for NYSE:GME. GameStop, trading on...

GameStop Corp (NYSE:GME)'s board has scrapped a proposed CEO performance award after a request from CEO Ryan Cohen, who said he wants leadership focused on the company's operating performance and its pursuit of online marketplace eBay. The award, approved in January 2026, would have paid...

GameStop said it will release a detailed presentation of the strategic rationale and operational plan for a combined company this week

GameStop CEO Ryan Cohen has withdrawn his large CEO Performance Award following investor backlash and a shareholder lawsuit. The decision comes as the board backs a refreshed vision focused on a proposed acquisition of eBay. GameStop plans to outline how an eBay deal could reshape its operations and long term direction. GameStop, traded as NYSE:GME, enters this news cycle with a share price of $21.08 and a mixed recent track record. The stock is down 4.0% over the past month, with a decline...

Investing.com -- GameStop Corp. said Tuesday its board has approved Chairman and CEO Ryan Cohen's request to withdraw a proposed CEO Performance Award from the company's proxy statement as the retailer shifts focus to its planned acquisition of eBay Inc.

Nasdaq, S&P 500 and Dow Jones indices all ended the week ending June 5, lower.

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The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. June E-mini S&P futures (ESM26 ) are down -0.48%, and June E-mini Nasdaq futures...

Stock Market Today: The Dow Jones index dropped Wednesday after Trump's latest U.S.-Iran comments. Palo Alto stock sold off on earnings.

GameStop CEO Ryan Cohen told eBay's board on Wednesday that they should not reject his $56 billion takeover proposal and the e-commerce company's shareholders deserve a chance to evaluate it. Cohen reacted ‌one day after eBay rejected his unsolicited offer to buy the company, calling the proposal "neither credible nor attractive." In a letter ‌to eBay's chairman and separate online interview with journalist Piers Morgan, Cohen, a billionaire investor, signaled his intention to keep going and hinted at possible next steps to try ​and win his prize.

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.

US benchmark equity indexes were mostly lower intraday, weighed down by a technology sell-off, as in

GameStop Stock Falls After eBay Rejects $56 Billion Takeover Bid

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

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.

Investing.com -- eBay has rejected a $56 billion takeover approach from GameStop, citing doubts over the financing of a deal that would see a company roughly one-quarter the size of its target attempt an audacious acquisition.

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.

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...

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.