eBay

disco2845 · ‎03-25-2020

I noticed E bay stock is up 15 percent in 2 days or nearly $3.00 a share with people making hardly an sales on here ?.... How much of that 5 Billion they got from selling Stubhub are they doing in stock buy backs to prop up the price of shares ?... Did the CEO ask for a bailout from the government too due to Corona ?... Only a fool would sell on this platform.

dhbookds · ‎03-25-2020

Market is up because Congress has made a deal on a 2 Trillion $ bill......... we'll see in the coming months who is the crook, I'm sure.........

socalboomer50 · ‎03-25-2020

Any possibility this is due to the thousands upon thousands of price gouging sales for anything virus related such as TOILET PAPER

purple-rain-store · ‎03-25-2020

Also noticing price gouging on Aloe Vera due to people needing it to make their own hand sanitizer. Lots of listing for it even small bottle's that once came from Walmart , Dollar General ,Etc. It's sickening!

luckythewinner · ‎03-25-2020

I noticed E bay stock is up 15 percent in 2 days

I noticed eBay stock was down 31 percent from March 4th to March 23rd.

How much of that 5 Billion they got from selling Stubhub are they doing in stock buy backs

You can look up their stock buybacks by quarter. They've been buying about $1 billion each quarter for the past 10 quarters.

Immediately after they sold StubHub they announced the were going to up their stock buyback program from $1.5 billion to $4.5 billion.

Did the CEO ask for a bailout from the government too due to Corona

Not that I am aware of. They have almost $3 billion in cash on hand.

dk0 · ‎03-25-2020

I wouldn't think that eBay would be in line for assistance from the stimulus bill, unless they can show that they are directly impacted by the coronavirus. Amazon is apparently doing gangbusters with so many people staying home, so I'm pretty sure it would be tough for eBay to make a case.

However, the bill will put money in people's hands, so I'm guessing investors are banking on things not being as bleak as they originally thought. (See earlier post about how much eBay stock has fallen this month. It's still way down.)