eBay Stock Is on Fire: What Smart Investors Should Know
E-commerce and auction site eBay (NASDAQ: EBAY) is on fire in 2021. The company gained a record number of customers at the pandemic's onset as people avoided shopping in person.
eBay is using this momentum to optimize business performance. Management expects many of the buyers who signed up during the pandemic not to stick around long term, so it's focusing on retaining high-value customers. That's one of a few things investors should know about eBay as the stock races higher.
Source Fool.com