GameStop (GME) eBay Acquisition Chance Only 26%, Trading Volume Low

AI Summary

GameStop (GME) announced an attempt to acquire eBay, valuing it at $55.5 billion in a cash-and-stock deal. Prediction markets on Kalshi reflect that traders give GameStop only a 26% chance of successfully completing the acquisition by 2026. The trading volume for this contract was just over $2,000. Following the news, shares of GameStop fell nearly 8%, while eBay's shares increased by more than 5.5%. GameStop's market cap is approximately $11.9 billion, raising questions about financing the proposed deal.