Internet: IDM Grp Trailed Mkt Again this Week; Meta Doubles Down on Wearables with Launch of Self-Branded Smart Glasses

Research evidence excerpt

Internet: IDM Grp Trailed Mkt Again this Week; Meta Doubles Down on Wearables with Launch of Self-Branded Smart Glasses

GameStop officially amended its proxy statement to remove a proposed CEO Performance Award

for Ryan Cohen, a maneuver designed to ensure management remains “fully focused" on the company's operating performance and its

$56 billion unsolicited bid for eBay. The Board’s decision to withdraw the award—which was originally approved in January 2026 before

the eBay pivot—serves as a clear signaling mechanism to the market that executive incentives are now tied directly to the successful

execution of the eBay transaction rather than pre-existing retail-centric milestones. Recall, in May eBay formally rejected GameStop’s

offer, calling the proposal “neither credible nor attractive”. We continue to be skeptical of the ultimate success of GME’s pursuit of EBAY,

but the situation remains one worth monitoring – stay tuned.

Uber-backed Lime (Neutron Holdings, Inc.) has officially filed for a Nasdaq IPO under the ticker "LIME". This week, Lime (Neutron

Holdings, Inc.) set its IPO terms at a $24.00 to $26.00 price range, aiming to raise approximately $181.9 million through the sale of

6,956,522 shares. The offering, projected to price around July 1, 2026, targets a post-money valuation of up to $1.66 billion. Uber, which

already has a 29% stake in Lime, indicated an interest in purchasing up to $20.0 million in additional shares at the IPO price in the filing.

The S-1 filing shows strong top line momentum, as Lime generated 29% top line growth in 2025, but the company has yet to turn profitable.

In the S-1, the company details that its independent accounting firm detailed “substantial doubt” about the business’ ability to continue

as a going concern.