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Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SP

Ryan Cohen is considering a joint venture that would use GameStop's 1,600 U.S. stores to expand in trading cards and collectibles

GameStop, led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter. Bloomberg's Bailey Lipshultz joins to discuss this as well as how Switch filed confidentially for a US IPO, joining its data center peers in tapping demand for exposure to the artificial intelligence theme.

GameStop may instead pitch a partnership

Stocks were relatively flat on Monday, as investors await further developments on the status of nego

A partnership could give eBay access to GameStop's 1,600 U.S. stores.

GameStop Corp. (NYSE:GME) is considering abandoning its $56 billion takeover proposal for eBay Inc.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively tr

Shares of eBay were down around 3% in morning trading after a report that GameStop is weighing withdrawing its bid for the online auction company. GameStop CEO Ryan Cohen is considering proposing a partnership or joint venture that would let eBay use GameStop's retail locations, Bloomberg reported.

According to a Bloomberg report, eBay could leverage GameStop’s roughly 1,600 U.S. retail locations to expand its presence in high-margin categories such as trading cards and collectibles under the potential alternative.

Investing.com -- GameStop Corp. is considering withdrawing its $56 billion bid for eBay Inc., according to a Bloomberg report Monday.

GameStop CEO Ryan Cohen is considering withdrawing the company's $56 billion ‌bid for eBay in favor of ‌a commercial partnership, Bloomberg News reported on Monday, ​citing people familiar with the matter. Cohen is considering a proposal that would allow eBay to leverage GameStop's roughly 1,600 U.S. retail locations, ‌potentially helping ⁠both companies expand market share in higher-margin categories such as trading ⁠cards and collectibles, the report said. As part of any partnership, GameStop would seek seats ​on eBay's ​board, Bloomberg reported.

(Bloomberg) -- GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal Close But Its C

Hertz stock is soaring on huge trading volumes since it reported strong earnings on Thursday. More than 28% of the public float faces a short interest.

eBay Inc. (NASDAQ:EBAY) reported stronger-than-expected second-quarter earnings and revenue, although the stock posted only modest gains in premarket trading on Thursday after the online marketplace issued mixed guidance for the current quarter.

eBay (NASDAQ:EBAY) reported second-quarter results that exceeded its guidance ranges and consensus expectations, driven by growth in focused categories, consumer-to-consumer sales, recommerce and newer initiatives including eBay Live, vehicles and shipping. Gross merchandise volume, or GMV, increas

Investing.com -- eBay Inc (NASDAQ:EBAY) reported second quarter results that exceeded analyst expectations for both earnings and revenue, though shares rose just 1% in after-hours trading Wednesday as the company issued mixed guidance for the current quarter.

EBay forecast third-quarter revenue above Wall Street estimates on ‌Wednesday, leaning on its push into ‌authenticated luxury goods, collectibles and refurbished products to bring ​more high-value buyers to its online marketplace. The company has sharpened its focus on enthusiast buyers through "focus categories" where buyers value selection ‌and specialist ⁠services. These include trading cards and other collectibles, auto parts and ⁠accessories and refurbished electronics.

GameStop is swapping $1.4 billion in convertible notes for stock, erasing debt with no cash spent as it pushes forward with its eBay bid.

Ryan Cohen has spent the summer pursuing eBay Inc. (NASDAQ:EBAY). Prediction market traders doubt management will even say his company’s name tonight. eBay reports second-quarter earnings after the bell today, with the call at 5:30 p.m. ET. Polymarket gives the...

GameStop (GME) is back in focus after the company agreed to exchange about $1.4b of its convertible senior notes for Class A common stock, reducing long term debt without using cash. See our latest analysis for GameStop. The debt for equity swap has hit near term sentiment, with the 1 day share price return down 12.25% and the 30 day share price return down 16.48%, while the 1 year total shareholder return is down 15.46% and longer term returns also show pressure. This suggests that momentum...

In recent days, GameStop Corp. agreed to privately exchange about US$1.40 billion of its outstanding zero-coupon convertible senior notes for shares of its Class A common stock, aiming to cut long-term debt without using cash and expecting the deal to close around late September 2026. An important twist is that the exact number of new shares will be set over a 35-day pricing window, heightening uncertainty about how much existing shareholders may be diluted. We’ll now examine how this large...

GameStop stock has had a tough run over the past few years, yet current valuation checks and recent capital moves mean the story is not as simple as a stock that has just fallen out of favour. The recent decision to exchange convertible notes for equity adds another angle for investors trying to work out what the current share price really reflects. Over the last 5 years, GameStop shareholders have seen the share price decline about 51.5%, which puts the focus squarely on whether today’s...

The retailer forged a private deal with its lenders to trade loans due in four to six years for shares of its Class A common stock.

GameStop stock slumped 12% on Monday after the company announced a debt-for-equity swap.

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

Getting rescued by Griffin comes with a steep cost, according to hedge fund manager Cliff Asness.

GameStop shares sink on $1.4 billion debt-for-equity swap announcement. But should you buy the dip in GME stock? Let’s find out!

Sportradar (SRAD) shares sank 16% amid heavy trading after the company reported Monday that it swung

GameStop will exchange roughly $1.4 billion of notes for shares.