EBAY Rallies on $1.2B Depop Acquisition & Earnings
Schwab Network · Schwab Network
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Show Notes
eBay Inc. (EBAY) rallied after posting stronger-than-expected earnings and announcement of its $1.2 billion Depop acquisition from Etsy Inc. (ETSY). Both stocks rallied Thursday morning. As Marley Kayden explains, that acquisition is generating bullish buzz front analysts. She takes investors through the earnings and analysts notes backing price target increases. Joe Tigay offers an example options trade for eBay's stock.
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