Analysts praised the company for its decision to review the role and value of its StubHub and Classified businesses.
eBay shares rose as much as 7% on Thursday after the company reported"better than feared" earnings results. That marked their highest level since April 2018. The company also received price-target boosts from several Wall Street analysts. Analysts said the company's improved forecast for 2019 and stock buybacks offset disappointing gross merchandise volume.
eBay shares rose as much as 7% on Thursday after the company reported"better than feared" earnings results. That marked their highest level since April 2018. The company also received price-target boosts from several Wall Street analysts. Analysts said the company's improved forecast for 2019 and stock buybacks offset disappointing gross merchandise volume.
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