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Why Shares of eBay Are Jumping Today

TheMotleyFool

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Shares of eBay (NASDAQ: EBAY) are running nearly 7% higher on Thursday morning after the online marketplace raised its second-quarter earnings outlook on better-than-expected results during the COVID-19 pandemic.

At the end of April, eBay expected to generate revenue between $2.38 billion to $2.48 billion in the second quarter, but now says it is doing significantly better than the forecast in its earnings release.

Image source: Getty Images.

Source Fool.com

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