Why eBay Stock Climbed 14.3% Last Month

Why eBay Stock Climbed 14.3% Last Month

Shares of eBay (NASDAQ: EBAY) gained 14.3% in May, according to data from S&P Global Market Intelligence. Dealreporter published a story on May 6 indicating that eBay's classifieds business was still being looked at as a potential acquisitions target by companies including Adevinta and Axel Springer. Baird analyst Colin Sebastian published a note on May 12 indicating that eBay's monthly sales volume was up double digits year over year.