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."
Watch CBS News
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.
Left, a prominent investor who made bets against GameStop and other stocks, issued misleading reports, the SEC and Justice Department claim.
Chewy's stock price surged as high as $39.10, or 36%, after meme stock investor Keith Gill posted a dog image on social media.
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
GameStop, a "meme stock" embraced by retail investors, said it lost $32.3 million in its latest quarter.
GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
Keith Gill, a financial analyst turned influencer, has helped turn GameStop into a stock market phenomenon. Here's what to know.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Shares of GameStop, AMC Entertainment and other so-called meme stocks plunged in Wednesday trading.
AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains.
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
Rockstar Games said it will reveal the first trailer for the latest GTA game next month, 10 years after the release of Grand Theft Auto V.
The billionaire will not receive compensation for serving as the company's president, CEO and chairman, GameStop said.
The "meme stock" surprised investors by recording a jump in quarterly earnings, but long-term challenges remain.
Looking to buy a Sony PS5? We found the PlayStation 5 in stock at a handful of top retailers.
CBS News' Nancy Chen reports on the GameStop hearing in which Reddit trader Keith Gill, aka "Roaring Kitty," appeared before Congress, along with the CEOs of Reddit, Robinhood and hedge fund Melvin Capital Management.
Investor Ryan Cohen, with his huge following on Reddit, pushes for sale or breakup of the retailer after revealing a 10% stake.
Although the so-called "meme stock" craze has cooled down since skyrocketing last year, shares of companies like GameStop and AMC haven't plunged the way some investors predicted. Some larger institutional investors are rethinking social media's financial impact. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, joins "CBS News Mornings" to discuss.
This is the best way to track the PS5 restock.
When it comes to buying Sony's impossible-to-find gaming system, some people are paying a lot -- and some aren't
Ahead of Cyber Monday, there are still plenty of deals on Apple, Samsung, Michael Kors, Keurig, OMG Surprise! and more, available now.
Find GameSpot Black Friday/Cyber Monday deals on Mario Kart 8 Deluxe, Super Mario Maker 2, Zelda: Breath of the Wild and more
Report is critical of trading apps' gaming-like features, stoking of meme stocks and practice of selling customers' orders to traders.