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With a market cap of $42.3 billion, eBay Inc. (EBAY) is a global e-commerce company that connects millions of buyers and sellers through its online marketplace and mobile platforms. Headquartered in San Jose, California, eBay has grown from a small auction site into a major international retail platform.
Shares of eBay have significantly outperformed the broader market over the past 52 weeks. EBAY stock has soared nearly 60% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15%. In addition, shares of eBay are up 45.2% on a YTD basis, compared to SPX’s 6.5% increase.