Shares of eBay jump take off on a $56 billion buyout bid from GameStop's Ryan Cohen
Corroborated by 3 sources from 3 publishers
TL;DR
Reports differ across sources; according to abcnews.com, shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen Shares of eBay are soaring before the opening bell after Ryan Cohen's GameStop announced an attempt to take over the company for about $56 billion, seeing it as a vehicle to compete with online retail giant Amazon Shares of eBay are soaring before the opening bell Monday as Ryan Cohen's GameStop pursues an approximately $56 billion takeover of company, seeing it as a vehicle to compete with online retail giant Amazon.
Sources
1
Yahoo Finance News
https://finance.yahoo.com/news/shares-ebay-jump-off-56-115409579.html
2
ABC News U.S. Headlines
https://abcnews.com/US/wireStory/shares-ebay-off-56-billion-buyout-bid-gamestops-132630932
3
ABC News Money Headlines
https://abcnews.com/Business/wireStory/shares-ebay-off-56-billion-buyout-bid-gamestops-132630933
4
ABC News Technology Headlines
https://abcnews.com/Technology/wireStory/shares-ebay-off-56-billion-buyout-bid-gamestops-132630934
5
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-05-04/fedex-ups-shares-tumble-on-amazon-s-watershed-logistics-move