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sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 days ago

GameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interview

www.cnbc.com

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GameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interview

www.cnbc.com

sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 days ago
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GameStop stock sinks after surprise eBay takeover bid, Cohen's combative CNBC interview
www.cnbc.com
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GameStop made a takeover bid for eBay, offering $125 per share in a cash-and-stock deal that values the e-commerce platform at roughly $55.5 billion.
  • 9tr6gyp3@lemmy.world
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    2 days ago

    Did it?

    • Malyca@lemmy.zip
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      2 days ago

      Market runs on vibes

    • Crozekiel@lemmy.zip
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      2 days ago

      Considering the linked article is dated from the 4th, where it went from nearly 28 down to 23.40, that’s nearly 20% drop.

      • agamemnonymous@sh.itjust.works
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        1 day ago

        It only touched $28 in AH Friday. On the 4th, the high-low spread was not even 10%.

      • 9tr6gyp3@lemmy.world
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        2 days ago

        Considering when OP posted this, it makes it seem like ancient history happened today.

        • Crozekiel@lemmy.zip
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          2 days ago

          I think they just made their post title the same as the linked article title, which generally seems to be the accepted “thing to do” on Lemmy. The OP also hasn’t said anything in the comments - seems like a lot of posts are just bots linking to maybe-relevant articles?

    • shittydwarf@sh.itjust.works
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      2 days ago

      Any type of announcement = dip for gamestop

    • einkorn@feddit.org
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      2 days ago

      Is it time to HODL or Buy The Dip again?

      • Voroxpete@sh.itjust.works
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        21 hours ago

        MOASS is definitely right around the corner this time!

      • agamemnonymous@sh.itjust.works
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        1 day ago

        Finhle is Einkorn, buy the dip.

      • frongt@lemmy.zip
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        2 days ago

        That drop was people selling the spike. If you wanted to buy the dip, you missed it.

        • BC_viper@lemmy.world
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          2 days ago

          Actually that was me buying the spike. Get in line noob.

          • 9tr6gyp3@lemmy.world
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            2 days ago

            You’re an animal. FYI, my significant other wanted me to tell you they haven’t heard from you in a while and they miss you. I know you’re busy rocking the financial world, but can you spare a moment from that to rock them too? Thanks.

          • Lost_My_Mind@lemmy.world
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            2 days ago

            Buy high, sell low! Thats the hobo way!

            • bran_buckler@lemmy.world
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              2 days ago

              Gotta get them tax breaks somehow!

        • einkorn@feddit.org
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          2 days ago

          I got no idea how stock markets work. I’m in it for the memes.

          • JcbAzPx@lemmy.world
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            1 day ago

            Imagine a casino.

            Then stop imagining because that’s all you need.

      • terwn43lp@lemmy.world
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        2 days ago

        I sold after the CEO came out as racist, made a whopping $5

        • db2@lemmy.world
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          2 days ago

          Link?

    • ParlimentOfDoom@piefed.zip
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      2 days ago

      An 11% drop is not small.

      It recovering the next day doesn’t mean the drop didn’t happen.

      • Corkyskog@sh.itjust.works
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        1 day ago

        But half of the drop was just from the gains from the announcement, seems like a non event for anyone but day traders.

      • agamemnonymous@sh.itjust.works
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        1 day ago

        Give it another 84 years, you’ll learn.

        • ParlimentOfDoom@piefed.zip
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          24 hours ago

          Even in 84 years, that deep will still have happened.

          • agamemnonymous@sh.itjust.works
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            22 hours ago

            But you won’t think an 11% swing is particularly notable.

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