EBay rejects GameStop's $55.5 billion takeover bid
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
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GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
GameStop, an ailing video game retailer and "meme stock," is pushing into the cryptocurrency sector.
GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Popular Bay Area-based online trading platform Robinhood said Monday that it has lined up $3.4 billion to help meet its funding requirements amid a spike in trading on Wall Street fueled by small investors driving up shares in GameStop and other stocks.
Thursday was another rollercoaster day for GameStop with the company's stock dropping a whopping 44 percent as small online investors ran into a roadblock in their trading war with Wall Street short-sellers.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
Store employees were busy cleaning up after a car drove through a window at a Game Stop store in Concord, before the driver fled on foot with pricey merchandise.
Cyber Monday is oftentimes a more popular shopping event than Black Friday. The convenience of shopping at home without the hassles of the lines and throngs of people can be a huge draw. However, it's important to know which sites are the best for deals, quality and ease in online shopping.
In a fashion similar to that of the Occupy camps, mall security guards in Roseville tried to kick out campers waiting out in tents for Best Buy's Black Friday deals.
Dozens of hardcore fans lined up outside the Union Square GameStop, a nationwide video game retailer, hours ahead of the release.
A man robbed a game store at gunpoint in Pleasant Hill on Sunday night, police reported Monday.
