eBay rejects GameStop's bid
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Wall Street’s chat rooms can’t stop talking about GameStop (NYSE:GME | GME Price Prediction) after Ryan Cohen’s $56 billion offer for eBay (NASDAQ:EBAY) sent the meme crowd into another frenzy. But here’s what you should actually be watching.
Traders on prediction platforms Kalshi and Polymarket appeared skeptical that GameStop (GME) would acquire eBay (EBAY) this year, with both markets assigning relatively low odds to the scenario despite growing online speculation.
People are paying $5,000 for a pack of Pokemon cards at GameStop. For some, it's paying off big time
Buyers can instantly sell back any cards they want to GameStop at 90% of the card's fair market value, minus a 6% selling fee (4). (They can also choose to sell them via Ebay or other methods, likely earning more, but those will take longer for them to receive the funds.)