GameStop (GME) held $5 billion in cash and nearly $5 billion in eBay stock as of August 1
GameStop has announced preliminary Q2 2026 earnings, revealing it holds $5 billion in cash and $5 billion in eBay stock. Despite repeated rejections from eBay, GameStop and CEO Ryan Cohen continue to pursue an acquisition. Michael Burry notably sold his stake in GameStop in May 2026.
- Entities
- Topic: Finance
- Company: GameStop
- Company: eBay
- Person: Michael Burry
- Topic: Mergers and Acquisitions
- Person: Ryan Cohen
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