Ryan Cohen, CEO of Grapevine-based GameStop, told eBay's board on Wednesday that they should not reject his $56 billion takeover proposal and shareholders deserve a chance to evaluate it.

Analysts, credit agencies, and meme-stock fans collide as Wall Street questions whether GameStop can really swallow a company five times its size.

Wall Street’s chat rooms can’t stop talking about GameStop (NYSE:GME | GME Price Prediction) after Ryan Cohen’s $56 billion offer for eBay (NASDAQ:EBAY) sent the meme crowd into another frenzy. But here’s what you should actually be watching.

Traders on prediction platforms Kalshi and Polymarket appeared skeptical that GameStop (GME) would acquire eBay (EBAY) this year, with both markets assigning relatively low odds to the scenario despite growing online speculation.

Buyers can instantly sell back any cards they want to GameStop at 90% of the card's fair market value, minus a 6% selling fee (4). (They can also choose to sell them via Ebay or other methods, likely earning more, but those will take longer for them to receive the funds.)