[Jan 9th] What's going on with ebay stock price now? Should you invest?

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???? eBay Hits a 52-Week High!

On Wednesday, eBay (EBAY) shares skyrocketed 9.86%, closing at $69.40—a new 52-week high. ???? What’s driving this surge?

The Big Announcement
Meta Platforms (META) revealed that eBay listings will soon appear on Facebook Marketplace as part of a test program in the U.S., France, and Germany. This partnership is set to enhance eBay’s visibility and attract millions of potential new buyers.

Why This Matters
This collaboration aligns with eBay’s strategy to expand its reach, leveraging Meta’s massive global user base. For Marketplace users, it means more options, while eBay benefits from increased traffic and broader exposure.

The Context
Meta’s move comes after a hefty $825M EU fine for anti-competitive practices. To comply and adapt, Meta is turning to partnerships like this—opening the door for eBay to thrive in the e-commerce space.

Market Reaction
Investors are thrilled, pushing eBay to new heights. Analysts believe this partnership could be a game-changer, driving revenue growth and solidifying eBay’s position against competitors.

???? eBay & Meta: Redefining online shopping together.