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GameStop Raises eBay Stake to 6.55% as Ryan Cohen Presses Takeover Push

21 0
22.05.2026

NEW YORK — GameStop Corp. (NYSE: GME) shares traded at $22.43, down 0.06 or 0.27%, in early trading on Friday, May 22, 2026, as the video game retailer continued efforts to increase its influence at eBay following a rejected $56 billion acquisition proposal.

The company has raised its stake in eBay to approximately 6.55% from about 5%, according to recent filings. Chairman and CEO Ryan Cohen has been vocal about his vision for combining the two companies despite eBay's board rejecting the unsolicited offer.

eBay's board called the proposal "neither credible nor attractive" when it was announced earlier in May. GameStop offered $125 per share in a half-cash, half-stock deal. Cohen has criticized eBay's leadership, stating the company is "run by a bunch of losers" with "perverse financial incentives."

GameStop reported fiscal fourth-quarter and full-year 2025 results on March 24, 2026. Net sales for the quarter ended Jan. 31, 2026, were $1.104 billion. For the full year, net sales totaled $3.630 billion. The company has been shifting focus toward........

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