Market Activity
Stock not to be skipped: eBay Inc. (EBAY)
Shares of eBay Inc. (NASDAQ: EBAY) are trading more than 43% lower than their 52-week highs. This is one of the lowest rates seen in the previous five years. The general issue is putting pressure on eBay prices, as visitors revert to established retailers. However, the trend toward more online buying should benefit eBay’s long-term prospects. eBay’s business strategy enables it to remain profitable while also remaining more flexible in its decision-making. The platform does not have its own inventory for online sales or delivery services. Instead, the firm serves as a conduit between buyers and sellers. As a consequence,
