Shift To Online Marketplaces To Help eBay’s Stock?
- Friday, October 9, 2020, 7:12
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Despite doubling from its March lows of this year, at the current price near $52, we believe eBay’s stock is undervalued. eBay’s stock has rallied from $26 to $52 off the recent bottom compared to the S&P 500 which has risen by 50% from its recent bottom. The stock was able to beat the broader…