Why eBay Stock Went Up 12% Last Month

Can a low-growth business reward shareholders?Shares of online marketplace eBay (EBAY -0.87%) were up 11.6% in March, according to data provided by S&P Global Market Intelligence. While there wasn't a specific catalyst in March, the company reported full-year financial results for 2023 in late February. And some analysts weighed in positively about eBay stock in March in light of its 2023 report.Some investors wrongly think that eBay is a business in decline. But the report for 2023 showed it is a stable bu ...