Shares of GameStop Corp. (GME) are dropping about 6 percent in Monday morning trading after the company submitted a non-binding proposal to acquire eBay Inc. (EBAY) at $125.00 per share in cash and stock deal.
The company's stock is currently trading at $24.74, down 6.80 percent or $1.81, over the previous close of $26.53 on the New York Stock Exchange. It has traded between $19.93 and $35.81 in the past one year.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.