eBay Stock Skyrockets 4%, Surprises Wall Street with Impressive Quarterly Profit Turnaround
eBay Inc. EBAY experienced a surge of more than 4% in after-hours trading on Wednesday, after the company reported better-than-expected quarterly earnings and revenue that surprised Wall Street analysts. In the first quarter, eBay generated a profit of $569 million, equivalent to $1.05 per share, a positive turn from the $1.4 billion loss, or $2.28 […]