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GameStop CEO Cohen spurns $35 billion pay plan to focus on eBay deal
Reuters53d agobullish
GameStop CEO Cohen spurns $35 billion pay plan to focus on eBay deal

Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from ‌the videogame retailer and plans to unveil more details ‌about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled ​a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay ‌rejected a $56 billion takeover ⁠bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible ⁠nor attractive."

eBay (EBAY) Shareholders Rejected A Bid To Ease Special Meeting Rules
Simply Wall St.56d agoneutral
eBay (EBAY) Shareholders Rejected A Bid To Ease Special Meeting Rules

eBay (NasdaqGS:EBAY) shareholders voted at the annual general meeting to reject a proposal to lower the ownership threshold required to call a special meeting. The decision keeps existing rules for convening special shareholder meetings in place. eBay runs a global online marketplace that connects buyers and sellers across a wide range of product categories, from consumer electronics to collectibles. The vote on special meeting rights comes as investors across the market continue to focus...

Sequoia’s Botha Joins SpaceX Board
The Wall Street Journal59d agoneutral
Sequoia’s Botha Joins SpaceX Board

Sequoia Capital’s Roelof Botha, who previously served as the firm’s top leader, has joined SpaceX as a director on its board. Botha will serve as an independent director, expanding the new public company’s board to nine people including Chief Executive Elon Musk and President Gwynne Shotwell.

Payoneer to be acquired by Nuvei in $2.75B all-cash deal
Proactive61d agoneutral
Payoneer to be acquired by Nuvei in $2.75B all-cash deal

Nuvei has agreed to acquire Nasdaq-listed Payoneer Global (NASDAQ:PAYO) in an all-cash deal valuing the cross-border payments company at approximately $2.75 billion, sending Payoneer shares up 4.1%. Under the terms of the agreement, Nuvei will pay $7.40 per share for all outstanding common...

2 Value Stocks to Target This Week and 1 Facing Challenges
StockStory61d agoneutral
2 Value Stocks to Target This Week and 1 Facing Challenges

The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.

Reuters61d agobullish
Canada's Nuvei to buy Payoneer for $2.75 billion in cross-border payments push

Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, ‌as the Canadian fintech aims to expand globally. Nuvei will buy ‌all shares of Payoneer for $7.40 apiece, a premium of about 44% to their last ​close on June 8. Payoneer has a market capitalization of about $2.26 billion, according to data compiled by LSEG.

ThredUp CEO targets eBay in push to become resale 'super app'
TheStreet63d agoneutral
ThredUp CEO targets eBay in push to become resale 'super app'

Over the last few years, there’s been a substantial increase in the number of consumers shopping for secondhand apparel. Where used clothing was once viewed as a badge of inferiority, it’s now become a mainstream consumer preference. In fact, ThredUp’s 2026 Resale Report predicts that the ...

Morgan Stanley sends clear message on eBay, Etsy
TheStreet64d agoneutral
Morgan Stanley sends clear message on eBay, Etsy

Wall Street is taking a fresh look at eBay and Etsy, and the conclusions may surprise investors who have written off both companies. In a research note shared with me, Morgan Stanley analysts Nathan Feather and Brian Nowak argue that the market is underestimating how well-positioned both platforms ...

3 Reasons EBAY is Risky and 1 Stock to Buy Instead
StockStory64d agobullish
3 Reasons EBAY is Risky and 1 Stock to Buy Instead

eBay has had an impressive run over the past six months as its shares have beaten the S&P 500 by 21.5%. The stock now trades at $109.19, marking a 27.9% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

GameStop’s Hostile eBay Bid And US$2b Buyback Recast Investor Questions
Simply Wall St.65d agobullish
GameStop’s Hostile eBay Bid And US$2b Buyback Recast Investor Questions

GameStop (NYSE:GME) CEO Ryan Cohen has launched a hostile takeover bid for eBay, taking the offer directly to eBay shareholders after the board rejected the proposal. At the same time, GameStop has announced a US$2b share repurchase program, tied to its focus on collectibles and a shift in how it deploys capital. GameStop, long associated with brick and mortar video game retail, has been leaning more into collectibles and related categories, an area that can behave differently from...

Weighing eBay’s Valuation As Narrative And DCF Signals Diverge After Recent Momentum
Simply Wall St.66d agoneutral
Weighing eBay’s Valuation As Narrative And DCF Signals Diverge After Recent Momentum

Recent performance snapshot for eBay (EBAY) eBay (EBAY) has drawn fresh attention after recent trading, with the stock last closing at $108.66. For context, the company reports annual revenue of $11.6b and net income of $2.0b. See our latest analysis for eBay. Recent share price moves have been relatively modest over days and weeks, but a 90 day share price return of 18.52% and a 1 year total shareholder return of 39.72% point to strengthening momentum over a longer horizon. If eBay’s...

UK competition watchdog launches probe into eBay's purchase of Depop
Reuters68d agoneutral
UK competition watchdog launches probe into eBay's purchase of Depop

The UK competition regulator on ‌Monday launched a ‌probe into eBay's $1.2 billion purchase ​of Gen Z-focused fashion resale platform Depop from Etsy. The deal was ‌announced ⁠earlier this year and is expected to ⁠help Etsy double down on its ​core handmade ​and ​vintage goods marketplace ‌in pursuit of a turnaround. The firm has been grappling with softer demand and strong competition ‌from online ​e-commerce platforms ​such ​as Amazon.