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Valued at a market cap of $37.2 billion, eBay Inc. (EBAY) is an e-commerce company that operates one of the world’s largest marketplaces connecting millions of buyers and sellers across more than 190 markets. The San Jose, California-based company enables its users to list, buy, and sell a wide variety of products, including new, used, unique, and collectible items.
This e-commerce company has outperformed the broader market over the past 52 weeks. Shares of EBAY have surged 29.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.7%. Moreover, on a YTD basis, the stock is up 31.3%, compared to SPX’s 16.3% rise.