2 days ago
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Reuters
Tue, May 5, 2026 astatine 9:02 AM CDT 1 min read
May 5 (Reuters) - GameStop's $56 cardinal bid for eBay ignited aggravated statement connected societal media, arsenic retail investors greeted the imaginable woody with a premix of excitement, skepticism and meme-stock humor.
• Top comments connected Reddit were divided between enthusiasm implicit the e-commerce elephantine that specified a merger would create, and skepticism astir however GameStop would concern specified a ample deal.
• Some users supported the rationale of combining GameStop's loyal retail base with eBay's online reach, arguing the woody could make a formidable integer commerce player.
• The video crippled retailer, which has a marketplace worth of $10.7 cardinal and is looking to instrumentality implicit a overmuch larger company, has said it has entree to $20 cardinal successful imaginable debt financing from TD Securities.
• GameStop CEO Ryan Cohen's tense CNBC interrogation connected Monday, wherever helium bristled astatine questions astir the woody structure, besides became meme fodder.
• Users raised their eyebrows astatine the announcement of Michael Burry's exit from his GameStop presumption connected Monday, conscionable months aft helium likened Cohen to the legendary investor Warren Buffett.
• On Stocktwits.com, eBay was one of the astir talked-about stocks, with the platform's tracker showing connection sentiment implicit the past 24 hours arsenic "extremely bullish."
• Retail capitalist forums tin connection an aboriginal work on however speculative corners of the marketplace are digesting large firm developments.
(Reporting by Niket Nishant successful Bengaluru; Editing by Shinjini Ganguli)
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