GameStop, a videogame retailer facing declining sales due to the rise of online gaming, is reportedly planning to acquire eBay. This move aims to help GameStop regain relevance by joining forces with a company that has better adapted to changing consumer preferences. Following the news, shares of both GameStop and eBay rose in after-hours trading. The acquisition could mark a significant shift in GameStop's strategy to compete in the evolving retail landscape.
GameStop (GME) recently beat earnings estimates and announced a $2 billion buyback, making its $20 price level a strong support and a potential buy-on-dip opportunity with a $39 target. MicroStrategy (MSTR), linked to Bitcoin, faces pressure but coul...
GameStop has transformed into a cash-rich holding company, surprising the market with a strong Q1 FY26 report showing EPS of $0.30 versus $0.04 estimate, 14% revenue growth, and expanding gross margins. Collectibles sales surged 65%, now making up 41...
