EBay pops 6% as GameStop’s Ryan Cohen makes unsolicited $56B offer to buy company

EBay pops 6% as GameStop’s Ryan Cohen makes unsolicited $56B offer to buy company

The company’s valuation is currently hovering around $48.8 billion following the Monday stock surge. Meanwhile, GameStop’s shares were down more than 8%, dropping its market cap below $11 billion – meaning it is far smaller than its acquisition target.

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