EBAY → $125.00 by Aug 2, 2026.

Ryan Cohen, GameStop chairman and CEO, submitted a non-binding $56 billion proposal to acquire eBay at $125 per share after quietly accumulating roughly a 5% stake. The deal would be financed with GameStop cash reserves, bank debt and newly issued GameStop shares and would merge GameStop’s retail footprint with eBay’s online marketplace to focus on collectibles, live shopping and cost cuts. Both stocks rose on the news; eBay has not responded and a proxy battle could follow if talks stall.