eBay stock surged to three-year highs due to Facebook Marketplace integration
From Nasdaq: 2025-01-08 13:34:04
Shares of eBay (NASDAQ: EBAY) surged to three-year highs as Meta Platforms (NASDAQ: META) tested eBay ads on Facebook Marketplace to address regulatory concerns in Europe. eBay stock rose 11% by 11 a.m. ET, signaling potential growth for the online marketplace giant.
eBay, a leading e-commerce platform, has shown stagnant growth with only 1% increase in active buyers and 2% in merchandise volume in Q3 2024. The integration with Facebook Marketplace could provide a boost to eBay’s performance, offering a low-risk investment opportunity for shareholders.
Investors are advised to consider the potential benefits of eBay’s collaboration with Facebook, as it could lead to growth and increased shareholder value. The Motley Fool Stock Advisor team highlights the importance of strategic investments for long-term returns, emphasizing the need for careful consideration before making investment decisions.
Read more at Nasdaq: Why eBay Stock Jumped to a 3-Year High Today
