eBay’s Stock Pops on Solid Earnings Performance

EBay’s stock traded 9 percent higher this morning after reporting strong second-quarter results yesterday. In early trading, the stock soared to $44.44 a share to hit a new 52-week high before backing down a bit. At least two analysts upped their price target: Mark Mahaney of Citi increased his price target to $45, citing impressive revenue; Baird’s Colin Sebastian raised his target to $47, based on strong marketplace and mobile trends.


Latest Video

View all videos »

Search »

Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus