EBay stock soars 8% after Elliott Management suggests plan to fix 'prolonged underperformance'
Shares of eBay Inc. EBAY, +7.77% are up 8.3% in Tuesday morning trading after Elliott Management Corp. released a letter to eBay's management laying out a five-step plan that the firm argued could lead to a valuation of $55 to $63 per eBay share by the end of 2020. EBay's stock recently changed hands at $33.58.
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https://www.marketwatch.com/story/ebay-s...yptr=yahoo
Shares of eBay Inc. EBAY, +7.77% are up 8.3% in Tuesday morning trading after Elliott Management Corp. released a letter to eBay's management laying out a five-step plan that the firm argued could lead to a valuation of $55 to $63 per eBay share by the end of 2020. EBay's stock recently changed hands at $33.58.
...
https://www.marketwatch.com/story/ebay-s...yptr=yahoo