Meta's decision to integrate eBay listings on Facebook Marketplace has led to a significant surge in eBay's stock, with shares hitting a three-year high. This integration brings a boost for eBay (NASDAQ:EBAY) and its potential could be huge as both platforms would benefit, which is considered a 'win-win partnership' according to some analysts. The deal has resulted in eBay's stock jumping almost 10%, hitting a 52-week high mark, and has sparked great interest among traders. However, eBay's Q4 guidance did not meet expectations, and there are some concerns over slowing ad revenue growth. Insider activity suggests some hesitancy, with insiders selling US$3.3m of shares. However, eBay remains among Cantor Fitzgerald's top internet stock picks and Goldman Sachs considers it a top growth investor stock.
Ebay Stocks News Analytics from Mon, 12 Nov 2018 08:00:00 GMT to Fri, 10 Jan 2025 13:00:11 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 3
