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Dogecoin cited an interview in which GameStop CEO Ryan Cohen broke down the numbers and financing behind the company’s massive bid, prompting renewed attention to the proposed deal.
“Meme stock behavior from a meme stock ceo. game respects game,” Dogecoin said.
The interview, which aired on Monday, has been drawing headlines. Cohen repeatedly deflected questions, directing interviewers to the company’s website while avoiding key details related to funding, shareholder value, and GameStop’s business operations.
GameStop, which has a market capitalization of roughly $11 billion, has attracted attention for the size of its bid relative to the company. The company has built a 5% economic stake in eBay and secured up to $20 billion in third-party acquisition financing from TD Securities.
At the same time, Polymarket bettors are assigning a 16% chance that the transaction will close on its “Will GameStop acquire eBay?” market.
At the time of writing, Dogecoin (DOGE) was trading at $0.1149, up 3.30% over the prior 24 hours, according to Benzinga Pro data.
GameStop shares fell $0.45 in after-hours trading after closing 1.64% higher at $24.23 during Tuesday’s regular session. Year-to-date, the stock has gained 20%.
Separately, Benzinga’s Edge Stock Rankings indicated that LLY maintains a stronger price trend over short, medium, and long time horizons, with a moderately high Value score.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…