eBay Stock Jumps After GameStop Takeover Report Raises a $46 Billion Question
eBay Inc. shares surged late Friday, fueled by a Wall Street Journal report that GameStop Corp. is gearing up to make a bid for the online marketplace—a bold move from Ryan Cohen’s company, which is dwarfed in size by eBay. With U.S. markets already closed for the weekend, after-hours trading showed eBay spiking over 13%. GameStop picked up gains as well, according to Fortune, which cited both Bloomberg and the Journal.