GameStop Prepares Bold Bid to Buy eBay
GameStop plans to buy eBay to grow big. CEO Ryan Cohen wants to turn it into a $100B company using its strong cash position.
GameStop plans to buy eBay to grow big. CEO Ryan Cohen wants to turn it into a $100B company using its strong cash position.
Ryan Cohen just set aside $700M cash as collateral for big derivative bets. Analysts say he's likely starting a major consumer-sector acquisition he hinted at.
GameStop CEO Ryan Cohen says the company wants to buy a much larger public consumer business in a bold, high-risk move that could reshape its future.
"The Big Short" investor Michael Burry announces he's been buying GameStop shares, calling it a long-term value play. Stock jumps over 6% on the news.
GameStop Chairman Ryan Cohen increases his ownership to 9.2% by purchasing 500,000 additional shares at $21.12 average price, sending GME stock up 3.5% in after-hours trading.
GameStop (GME) CEO Ryan Cohen's new compensation plan offers zero guaranteed pay—only massive stock options if the company hits ambitious market cap and EBITDA targets through 2026.