eBay Jumps 5% on Takeover Speculation; Etsy Rallies 7%, Shopify Holds Flat
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The post eBay Jumps 5% on Takeover Speculation; Etsy Rallies 7%, Shopify Holds Flat appeared first on 24/7 Wall St..
Unconfirmed takeover chatter is lifting online marketplace stocks, while the software side of e-commerce is barely moving. eBay (NASDAQ:EBAY) stock is up 5% to $122.87 in midday trading, with traders attributing the move to speculation that neither the company nor any suitor has confirmed.
Meanwhile, Etsy (NASDAQ:ETSY) stock is up 7% to $89.07, representing an even bigger gain tha
Unconfirmed takeover chatter is lifting online marketplace stocks, while the software side of e-commerce is barely moving. eBay (NASDAQ:EBAY) stock is up 5% to $122.87 in midday trading, with traders attributing the move to speculation that neither the company nor any suitor has confirmed.
Meanwhile, Etsy (NASDAQ:ETSY) stock is up 7% to $89.07, representing an even bigger gain tha
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