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GameStop’s $56 billion pursuit of eBay stirs social media hype and doubt

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By Reuters | Updated: May 6, 2026

May 5 (Reuters) – GameStop’s (GME.N) $56 billion bid for eBay (EBAY.O) ignited intense debate on social media, as retail investors greeted the ​potential deal with a mix of excitement, ‌skepticism and meme-stock humor.

  • Top comments on Reddit were split between enthusiasm over the e-commerce giant that such a merger would ​create, and skepticism about how GameStop would ​finance such a large deal.
  • Some users supported the ⁠rationale of combining GameStop’s loyal retail base with ​eBay’s online reach, arguing the deal could create a ​formidable digital commerce player.
  • The video game retailer, which has a market value of $10.7 billion and is looking to take over a much ​larger company, has said it has access to $20 ​billion in potential debt financing from TD Securities.
  • GameStop CEO Ryan ‌Cohen’s ⁠tense CNBC interview on Monday, where he bristled at questions about the deal structure, also became meme fodder.
  • Users raised their eyebrows at the announcement of Michael ​Burry’s exit from ​his GameStop ⁠position on Monday, just months after he likened Cohen to the legendary investor ​Warren Buffett.
  • On Stocktwits.com, eBay was one of ​the ⁠most talked-about stocks, with the platform’s tracker showing message sentiment over the past 24 hours as “extremely bullish.”
  • Retail investor ⁠forums ​can offer an early read ​on how speculative corners of the market are digesting major corporate developments.

Reporting ​by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli

© Thomson Reuters 2026