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GameStop shareholders approve stock issuance to support new eBay acquisition attempt

Company Fundamentals
07 Jul 2026
Market Watch
View Source
Bullish
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GameStop shareholders have approved proposals at the annual meeting, including a key change allowing the company to issue more stock. This move is intended to support GameStop's renewed effort to acquire eBay, a much larger company. Despite skepticism from analysts about the feasibility of the acquisition, this approval clears the way for GameStop to pursue the bid further. The stock has risen about 10.6% so far this year amid these developments.

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