Ryan has been stacking disclosures and news with $GME for almost two months now through official channels:
- $2B buyback program announced (liquidity stack $9.7B, Stockholdersβ equity $5.8B)
- Record earnings dropped early, historic beats across the board
- eBay investment position already up hundreds of % since buying in early February
- Ryan cancels his own comp package
- Ryan personally pledges $500M of his own capital into eBay, making GMEβs position even more accretive
- Releases first ever forward EBITDA guidance (in the RC era) projecting $600M adjusted EBITDA for 2026 up from $345.4M in 2025
- Trailing Twelve Month: $3.73B revenue, $763M net income, $740M FCF, with 9 consecutive profitable quarters
- Hitting the PR circuit hard throughout, with appearances on major podcasts and news channels
Despite all this, what happens with the stock? Believe it or not, DIP. The markets are broken, or at least wrong on this stock.