Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Donate now TQ Pro - 1€/mo

GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal

Posted on May 5, 2026
By Business News Today
0 Views
1 min read

GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal

GameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash, half-stock deal faces a funding gap despite planned debt and cash use. eBay has not engaged, while Cohen may pursue a proxy fight if required.