GameStop

South Korea’s surging equity volatility draws meme-stock comparisons

GameStop said that when its board approved the CEO pay plan it had not yet decided to pursue eBay.

GameStop CEO drops US$35 billion pay plan to focus on eBay bid

eBay stock has been trading far below the offer price of US$125 per share since the bid was made in May.

eBay rejects GameStop’s US$56 billion bid as ‘neither credible nor attractive’

On Sunday, GameStop offered US$125 a share in cash and stock for eBay.

GameStop CEO says eBay shut his account after buyout funding stunt

The proposal comes as GameStop grapples with disruptions from a shift towards online shopping and digital purchases from its brick-and-mortar roots.

GameStop offers to buy eBay for about US$56 billion

GameStop’s entry into the market comes even as investors appear to be growing more sceptical of the strategy.

GameStop to borrow US$1.3 billion to fund Bitcoin buying spree

A wave of companies that have followed Strategy’s footstep have seen their stock prices soar after announcing plans to buy Bitcoin.

GameStop is latest public firm to jump on the Bitcoin bandwagon

GameStop has been grappling with a slower turnaround of its main business as it struggles to ramp up sales of videogame hardware and collectibles.

GameStop reports third-quarter profit on spending cuts

GameStop brick-and-mortar retail business struggles to adapt to the shifts in gaming from physical disks to software downloads.

GameStop swings to unexpected profit even as sales slide

The meme stock mania was fuelled in part by investors stuck at home during the pandemic, and led to a “short squeeze” that caused losses for hedge funds betting stock prices would fall.

‘Roaring Kitty’ lawsuit over GameStop is withdrawn for now