Jonah Lupton: GameStop rumored to be bidding to acquire eBay

Jonah Lupton: GameStop rumored to be bidding to acquire eBay
GameStop rumored to bid for eBay

Jonah Lupton, investor and market commentator at Social Media / FinTwit, reacts to rumors that GameStop, with an $11 billion market cap, is making a bid to acquire eBay, which has a $44 billion market cap.

He expresses surprise and skepticism about how GameStop could offer a premium large enough to gain shareholder approval for the acquisition, wishing Ryan Cohen and GameStop good luck with the potential deal.

Lupton has previously noted Jefferies’ decision to increase price targets for TMDX following a new product launch at ISHLT, with base and bull cases raised to $155 and $200 respectively (Jefferies raises TMDX target). He has also reported that U.S. average revenue per user climbed over 50% year-over-year in early 2026, alongside global user growth and revenue acceleration (ARPU growth Q1 2026). These updates reflect his ongoing focus on notable corporate developments and financial performance metrics.

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