GameStop’s eBay flirt gets a hard no

Plot twist, rejected

GameStop apparently tried to make a move on eBay, and eBay’s response was basically: hard pass. The company reportedly called the bid “neither credible nor attractive,” which is corporate-speak for “please don’t make us sit through this PowerPoint again.”

Why this matters

For GameStop holders, any M&A rumor is a reminder that the stock can still trade like a meme-stock fever dream. But a public rejection also raises the bar for any future deal talk — if GameStop wants to turn this into something real, it’ll need more than vibes and a viral headline.

The investor takeaway

A rejected bid doesn’t close the door on further negotiation, but it does tell you the market’s patience is thin. If this story keeps rolling, expect traders to keep treating GME like a speculation machine rather than a sleepy retailer.

Big picture: when a company known for console discs starts courting an online marketplace giant, you know we’re not in normal-capital-markets territory anymore.