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GameStop prepares a potential eBay takeover as shares surge in extended trading frenzy
Business
Published on 2 May 2026
CEO Ryan Cohen’s strategy may be driving the pitch
GameStop and eBay shares jumped after a report claimed GameStop is preparing a takeover offer for eBay. The plan is tied to CEO Ryan Cohen’s push to boost market value and expand GameStop’s online business. Investors reacted in extended trading, with eBay climbing and GameStop gaining, while markets weigh financing, shareholder response, and what it could mean for retail and e-commerce.
- Report says GameStop is lining up a takeover bid for eBay
- Extended trading sparked sharp moves in both companies’ shares
- The move is linked to Ryan Cohen’s online and value-boost strategy
- Markets are watching financing, shareholders, and sector impact
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times