EBay on Pace for Largest Percent Increase in Over Two Years -- Data Talk

eBay Inc. (EBAY) is currently at $37.60, up $3.21 or 9.33%

-- Would be highest close since Oct. 23, 2019, when it closed at $39.20

-- On pace for largest percent increase since Feb. 1, 2018, when it rose 13.82%

-- Earlier Tuesday, The Wall Street Journal reported that New York Stock Exchange owner Intercontinental Exchange has made a takeover offer for eBay that could value the online marketplace at more than $30 billion, citing people familiar with the matter

-- Hedge fund Starboard Value LP reiterated its call for eBay Inc. to shed its classified-advertising business, a move it claims will help the company sharpen its focus on its main online marketplace

-- Currently up three of the past four days

-- Currently up two consecutive days; up 12.04% over this period

-- Best two day stretch since the two days ending Feb. 1, 2018, when it rose 14.33%

-- Up 4.13% year-to-date

-- Down 18.6% from its all-time closing high of $46.19 on Feb. 1, 2018

-- Traded as high as $38.68; highest intraday level since Oct. 23, 2019, when it hit $39.33

-- Up 12.47% at today's intraday high; largest intraday percent increase since Feb. 1, 2018, when it rose as much as 15.8%

-- Third best performer in the S&P 500 today

-- Second best performer in the Nasdaq 100 today

All data as of 3:01:58 PM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 04, 2020 15:23 ET (20:23 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.