eBay Stock Is on Fire: What Smart Investors Should Know

eBay Stock Is on Fire: What Smart Investors Should Know

E-commerce and auction site eBay (NASDAQ: EBAY) is on fire in 2021. At the pandemic's onset in eBay's second quarter of 2020, the company added seven million active buyers, the most in ever in the company's history. Unsurprisingly, fewer shoppers turned to eBay, and as a result, the company shed seven million active buyers between the first and second quarters of 2021.