Avoid eBay Stock as 2024 Comes to a Close

E-commerce stock eBay Inc (NASDAQ:EBAY) is 0.5% higher at $65.39 at last glance, and earlier scored a fresh three-year high of $65.57. EBAY's gains accelerated after the company's fourth-quarter earnings report in February. The security now boasts a 50% year-to-date lead after yesterday clocking third-straight quarterly and monthly wins.Despite this impressive technical setup, it may be best to take a wait-and-see approach to the e-tail stock, as it tends to underperform in the fourth quarter despite the ho ...