GameStop’s shares dropped more than 10% after the company announced a surprise $55.5 billion bid for eBay, raising concerns about how the deal would be financed.

CEO Ryan Cohen faced repeated questions about funding but gave unclear responses, while the company proposed using cash, stock, and debt financing to structure the offer.

Analysts noted a significant gap between GameStop’s valuation and the total value of the bid, leaving questions about where the remaining funds would come from.

eBay confirmed it had received the proposal but said its board has not yet reviewed it in detail, The Guardian has reported.

The uncertainty around the deal and financing contributed to investor skepticism and the stock decline.