sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 days agoGameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interviewwww.cnbc.comexternal-linkmessage-square54linkfedilinkarrow-up1170arrow-down18
arrow-up1162arrow-down1external-linkGameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interviewwww.cnbc.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 days agomessage-square54linkfedilink
minus-squareagamemnonymous@sh.itjust.workslinkfedilinkEnglisharrow-up1·11 hours ago They are diluting the value of eBay’s shares. Kinda, but not really. Each share becomes $56 and like 2 new shares. It’s more like a fat dividend than a dilution. You should look into Cohen’s track record before assuming it’ll go nowhere.
Kinda, but not really. Each share becomes $56 and like 2 new shares. It’s more like a fat dividend than a dilution.
You should look into Cohen’s track record before assuming it’ll go nowhere.