GameStop's eBay Windfall: A Tale of Two Companies, One Eroding Retail Landscape GameStop's stock jumped 5% on Monday after the company reported encouraging numbers.
But behind the boost lies a more complex story of two companies – one thriving, one struggling to stay afloat in an increasingly challenging retail landscape.
The key driver of GameStop's expected Q2 profit increase is its significant stake in eBay. The $238 million in gains from this investment is propping up the company's bottom line despite declining revenue.