Gamestop, Under Armour Plunge; Wendy's Jumps
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Gamestop (GME) shares fell today after EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.” EBay’s board turned down the offer after taking into account “uncertainty” around the financing plan, the operational risks involved and GameStop’s governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressler also cited GameStop’s…
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