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Why eBay Stock Was Up 33% in April

TheMotleyFool

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It was an eventful month for e-commerce giant eBay (NASDAQ: EBAY). The company named a new CEO, satisfied an activist investor, reported first-quarter earnings, and provided a business update in light of the COVID-19 pandemic.

There was plenty here for investors to like, and shares of eBay accordingly rose 32.5% in April, according to data provided by S&P Global Market Intelligence. After shaking off a 13% drop in March, the stock has returned about 12% so far in 2020, well ahead of the market.