GameStop (GME) shares soared over 9% in after-hours trading on May 2 following a Wall Street Journal report that the videogame retailer is preparing a takeover bid for eBay (EBAY). According to BeInCrypto, the news has reignited interest among Reddit's retail trading community, reminiscent of the 2021 meme stock frenzy. GameStop closed up 6.33% at $26.53 on May 1, with after-hours trading pushing the stock to $27.61. eBay shares also climbed 10% to 15% on the speculation. CEO Ryan Cohen reportedly plans to take the offer directly to eBay shareholders if the board is unreceptive.