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The Nexus
BUSINESSMay 4 · 21:33 UTCTHE GUARDIAN TECHGaya Gupta

GameStop shares fall 10% after CEO skirts questions over eBay acquisition details

GameStop's shares fell over 10% after CEO Ryan Cohen dodged questions about financing its $55.5bn bid for eBay, sparking concerns about the video game retailer's ability to afford the deal. The surprise bid has raised eyebrows, and Cohen's evasive responses have done little to alleviate investor worries. GameStop's financial capabilities are under scrutiny as a result.

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