Ryan Cohen makes a longshot run at eBay. Analysts see little chance GameStop can pull it off

cancel

“shares are up 26% this year”

DISPUTED

One web search result explicitly states eBay shares have risen 'more than 19% this year', which contradicts the claim of 26%.

menu_book

wikipedia NEUTRAL — Carl Celian Icahn (; born February 16, 1936) is an American businessman and investor. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate …
https://en.wikipedia.org/wiki/Carl_Icahn

menu_book

wikipedia NEUTRAL — The dot-com bubble (or dot-com boom) was a stock market bubble that developed during the late 1990s and peaked on March 10, 2000. This period of market growth coincided with the widespread adoption of…
https://en.wikipedia.org/wiki/Dot-com_bubble

menu_book

wikipedia NEUTRAL — Heated Rivalry is a Canadian sports romance television series created, written, and directed by Jacob Tierney for Crave. Based on the Game Changers book series by Rachel Reid, the show takes its title…
https://en.wikipedia.org/wiki/Heated_Rivalry

+ 3 more evidence sources

check_circle

“GameStop proposed to acquire e-commerce giant eBay for $56 billion at $125 per share in a half-cash, half-stock transaction”

CORROBORATED

Multiple independent web sources confirm GameStop's proposal to acquire eBay for $56 billion at $125 per share in a 50% cash and 50% stock transaction.

menu_book

wikipedia NEUTRAL — GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer, headquartered in Grapevine, Texas (a suburb of Dallas–Fort Worth). The brand is the largest video game …
https://en.wikipedia.org/wiki/GameStop

menu_book

wikipedia NEUTRAL — In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losse…
https://en.wikipedia.org/wiki/GameStop_short_squeeze

menu_book

wikipedia NEUTRAL — Keith Patrick Gill (born June 8, 1986) is an American financial marketer, educator, and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. His analyses of Gam…
https://en.wikipedia.org/wiki/Keith_Gill

+ 3 more evidence sources

check_circle

“representing a 20% premium to last Friday's close of $104.07”

CORROBORATED

Three independent web sources confirm the $125 offer represents a 20% premium over the Friday closing price of $104.07.

menu_book

wikipedia NEUTRAL — Freakier Friday is a 2025 American fantasy comedy film directed by Nisha Ganatra and written by Jordan Weiss. Produced by Walt Disney Pictures, it is the sequel to Freaky Friday (2003), itself based o…
https://en.wikipedia.org/wiki/Freakier_Friday

menu_book

wikipedia NEUTRAL — Friday is the day of the week between Thursday and Saturday. In countries adopting the "Monday-first" convention it is the fifth day of the week. In countries that adopt the "Sunday-first" convention,…
https://en.wikipedia.org/wiki/Friday

menu_book

wikipedia NEUTRAL — Friday the 13th is considered an unlucky day in Western superstition. It occurs when the 13th day of the month in the Gregorian calendar falls on a Friday, which happens at least once every year but c…
https://en.wikipedia.org/wiki/Friday_the_13th

+ 3 more evidence sources

check_circle

“GameStop itself has a market cap of about $11 billion”

CORROBORATED

Confirmed by a cross-reference from CNBC and a web search result mentioning a market cap of approximately $11.89 billion.

menu_book

wikipedia NEUTRAL — GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer, headquartered in Grapevine, Texas (a suburb of Dallas–Fort Worth). The brand is the largest video game …
https://en.wikipedia.org/wiki/GameStop

menu_book

wikipedia NEUTRAL — In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losse…
https://en.wikipedia.org/wiki/GameStop_short_squeeze

menu_book

wikipedia NEUTRAL — Keith Patrick Gill (born June 8, 1986) is an American financial marketer, educator, and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. His analyses of Gam…
https://en.wikipedia.org/wiki/Keith_Gill

+ 4 more evidence sources

check_circle

“$9.4 billion on its balance sheet as of January”

CORROBORATED

Two independent web sources confirm GameStop has approximately $9.4 billion in cash reserves/on its balance sheet.

travel_explore

web search NEUTRAL — Shop GameStop, the world's largest retail gaming and trade-in destination for Xbox, PlayStation, and Nintendo games, systems, consoles & accessories. Shop a wide selection of gamer-centric apparel, co…
https://www.gamestop.com/

travel_explore

web search NEUTRAL — Find games, consoles, and accessories at prices you'll love at your local GameStop. Use our store locator to find our store hours at a GameStop near you.
https://www.gamestop.com/stores/

travel_explore

web search NEUTRAL — GameStop is your go-to for the latest Video Games and DLCs. Explore PS5, Xbox, Nintendo Switch, PC and retro games. Find top-rated titles and exclusive offers. Free shipping on orders over $79 or pick…
https://www.gamestop.com/video-games/

check_circle

“third-party financing from TD Securities of up to $20 billion, according to a company statement”

CORROBORATED

Multiple sources confirm a financing letter from TD Securities for up to $20 billion.

menu_book

wikipedia NEUTRAL — Keith Patrick Gill (born June 8, 1986) is an American financial marketer, educator, and individual investor known for his posts on the subreddits r/wallstreetbets and r/SuperStonk. His analyses of Gam…
https://en.wikipedia.org/wiki/Keith_Gill

menu_book

wikipedia NEUTRAL — In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losse…
https://en.wikipedia.org/wiki/GameStop_short_squeeze

menu_book

wikipedia NEUTRAL — Jefferies Group LLC is an American multinational independent investment bank and financial services company that is headquartered in New York City. The firm provides clients with capital markets and f…
https://en.wikipedia.org/wiki/Jefferies_Group

+ 3 more evidence sources

check_circle

“eBay's market cap is ~4x that of GME”

CORROBORATED

Confirmed by a cross-reference from France24 and multiple web sources stating eBay's market cap is roughly four times that of GameStop.

travel_explore

web search NEUTRAL — At the time, I dismissed that possibility as unlikely (though admittedly not impossible) as eBay’s market cap is approximately $44.98 billion, roughly four times that of GameStop at approximately $11.…
https://www.valueaddedresource.net/gamestop-ebay-rumors/

travel_explore

web search NEUTRAL — eBay, whose $46 billion market capitalization is nearly four times the size of GameStop’s, issued a statement Monday (May 4) acknowleging it had received the proposal. “eBay’s Board of Directors, in c…
https://www.pymnts.com/acquisitions/2026/gamestop-eyes-ebay-…

travel_explore

web search NEUTRAL — Based on eBay's Friday close, the bid represents a premium of about 20%. Ebay has a market capitalization nearly four times larger than GameStop, making the buyout bid an ambitious attempt.
https://finance.yahoo.com/markets/stocks/articles/gamestop-m…

+ 1 more evidence source

info

“Smead Capital Management, which is the sixth largest active owner of eBay among mutual funds”

SINGLE SOURCE

While sources confirm Smead Capital Management is an investor in eBay, none of the provided evidence confirms they are specifically the 'sixth largest active owner among mutual funds'.

travel_explore

web search NEUTRAL — Smead Capital Management Inc. cut its stake in eBay Inc. (NASDAQ:EBAY – Free Report) by 3.1% in the third quarter, HoldingsChannel reports. The firm owned 3,247,100 shares of the e-commerce company’s …
https://www.themarketsdaily.com/2024/02/19/smead-capital-man…

travel_explore

web search NEUTRAL — Smead Capital counts eBay as its third largest stock position. Still, according to Bloomberg data from December, that investment is less than $100 million in total, a fraction of the size of Icahn’s s…
https://www.thestreet.com/technology/supportive-ebay-shareho…

travel_explore

web search NEUTRAL — At Smead Capital Management, we are stock market investors. Our investors are individuals, advisors, family offices and institutions globally who invest with the firm through its mutual funds, separat…
https://smeadcap.com/

verified

“GameStop became a defining "meme stock" in 2020 when online enthusiasm from retail investors managed to upend short positions on the company from multiple hedge funds”

VERIFIED BY REFERENCE

Wikipedia explicitly describes the January 2021 short squeeze of GameStop, noting the role of retail investors and the impact on hedge funds.

help

“GameStop is projecting about $2 billion in cost reductions from the proposed half-cash, half-stock acquisition”

INSUFFICIENT EVIDENCE

No evidence was found in the provided search results regarding a projection of $2 billion in cost reductions.

eFinder

eFinder

Ryan Cohen makes a longshot run at eBay. Analysts see little chance GameStop can pull it off

psychologyDetected Techniques

fact_checkFact-Check Results