eBay kicks GameStop to the curb with brutal rejection letter

https://fed.brid.gy/r/https://nerds.xyz/2026/05/ebay-rejects-gamestop/

🎮 GameStop veut racheter eBay pour 56 milliards $ 🤯 Le mème-stock le plus célèbre d'Internet tente d'avaler un géant de l'e-commerce 4x plus gros que lui. Ryan Cohen prépare même un putsch hostile si le board refuse. Chaos total sur Wall Street.
#GameStop #eBay #GME #RyanCohen #MemeStock #WallStreet #Bourse #Finance

Source : Reuters, CNBC, BBC, Fortune, WSJ confirment tous les détails de l'offre et les doutes des investisseurs.

GameStop wants to buy eBay for $56 billion. Yes, really.

Ryan Cohen's meme-stock company just made an unsolicited bid for eBay, a platform four times its size, claiming the deal could rival Amazon.

the spend

people seem unaware that Bill Pulte, #Trump’s head of the Federal Housing Finance Agency (#FHFA) & the guy who accused #Fed Chair #LisaCook of #mortgage fraud, is/was a major player in the cult of Bed Bath and Beyond stock (ticker #BBBY, and yes, that’s a real thing).

pulte's maybe even worse than a crypto grifter. there’s a great doc "Cult of the Dead Stock" about the situation. i actually think it’s kind of a rosetta stone for understanding the world in 2025.

tl;dr after BBBY blew up a cult grew up around the idea that BBBY would somehow come back from the dead and make BBBY shareholders (whose shares no longer even existed - DTCC deleted them) rich. pulte, whose family business was in trouble, swooped in to the scene to convince the BBBY cultists to give him their money. he was at least somewhat successful.

* Cult of the Dead Stock: https://www.youtube.com/watch?v=C5Bd6YxifCo
* Rolling Stone: https://www.rollingstone.com/politics/politics-features/trump-bill-pulte-housing-bbby-meme-stock-1235295044/

#BillPulte #MAGA #Corruption #uspol #uspolitics #memestock #capitalism #memestocks

@marick I wonder if #ShareholderActivism is the culprit, turning every public company into a #MemeStock? So CEOs have been evolutionarily selected for bullshitting, and it has trickled down to their minions.
http://webseitz.fluxent.com/wiki/MemeStock
MemeStock

MemeStock

WebSeitz
2 Bloomberg: As of Thursday, investors had lost $2.5B in July betting against the 50 US-listed #stocks with the highest #shortinterest, according to data from S3 Partners. Doubting the hype in #companies such as #meme-stock darling #Kohl’s produced four times greater losses than the average short
:Nothing can prove that #Tesla is a #MemeStock that trades on vibes more than the stock going up 20% this week after it reported its worst earnings in years and came in way below expectations." https://electrek.co/2025/04/25/tesla-tsla-conundrum-cooked-with-musk-but-stock-crashes-without-him/
The Tesla (TSLA) dilemma: company is cooked with Musk, but stock crashes without him

Tesla currently finds itself in quite a dilemma: the company’s core business is in free fall, with Elon Musk at...

Electrek

@georgetakei

71% so far.

Yet somehow the stock price is going up.

#tesla #memestock

@[email protected]

Meanwhile, back in reality, #Tesla is up almost $8 today & has been steadily climbing since it's big tumble a couple of weeks ago.

It's becoming obvious that *someone* is propping up this meme stock.

#memestock