GameStop plans to acquire eBay, sending both stocks soaring in after-hours trading.

GameStop is reportedly preparing to make an offer to acquire eBay, according to sources cited by The Wall Street Journal. This news caused GameStop's stock to jump 9% and eBay's shares to rise 12.5% in after-hours trading. The potential acquisition signals a major move by GameStop to expand beyond its core videogame retail business into e-commerce. Investors are closely watching for official announcements and further details on the deal.