Post #2476207
2026-05-09 15:11 UTC
That is still only $29 billion and somehow I don't think the CEO is gonna raise another $27 billion from selling socks and knickknacks. Kinda just sounds like inserting a middleman to angle at more profit. I would rather not pay a surcharge for eBay auctions, even if it adds some kind of quality assurance. His explanation of the acquisition just seems like more bullshit.
Edit: I wonder how many bag holders from the memestock era are viewing this as their salvation.
Replies (1)
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@YoureHotCupCake@lemmy.world 2026-05-09 16:51
I mean GameStop is a great investment, they have had 7 positive earnings in a row now and have been able to build up a lot of capital in the process which they are now trying to utilize to acquire other companies like with ebay right now. Maybe this deal doesn't go through maybe it does but they are clearly trying to make moves to expand. Its been nothing but positive since Ryan Cohen took over as CEO.