Why eBay, Amazon, and MercadoLibre Stocks Rebounded Today
Thursday was painful for stock investors. Friday promises to be better.
Already today, the Dow Jones Industrial Average is up a good 3.5%, the Nasdaq and S&P 500 up 4%. Stocks are rallying broadly, and e-commerce stocks such as eBay (NASDAQ: EBAY), Amazon.com (NASDAQ: AMZN), and MercadoLibre (NASDAQ: MELI) -- "the Argentine eBay" -- are doing their best to keep up.
As of 10:40 a.m. EDT, eBay stock is still up 2.7%, Amazon 3.8%, and MercadoLibre 3.5%.
Source Fool.com
