eBay shares rose 5% due to unconfirmed takeover speculation involving GameStop, while Etsy surged 7%, outperforming peers in the online marketplace sector. Shopify, focused on e-commerce software, saw little change, highlighting a split between marketplace and software stocks. Morgan Stanley recently upgraded eBay with a bullish outlook based on its live-commerce growth, providing a fundamental reason for gains beyond rumors. Investors await confirmation from either company to validate the takeover chatter, which currently drives volatility and short-term trading in eBay shares.
eBay's market cap stands at $52.01 billion as of Oct 16, 2026 00:11 WIB, with shares up 5.54% on Pluang, reflecting strong buying interest with 100% buy orders. Etsy, smaller with a $7.61 billion market cap, saw an 8.07% rise but experienced 100% sell orders on Pluang, indicating differing investor sentiment despite the price jump. Shopify remains steady with a $221.95 billion market cap and a negligible 0.03% decline, showing less volatility in the technology sector at the same timestamp.
eBay's growth since 2021 has been significantly boosted by its Authenticity Guarantee, advertising monetization, and managed payments. A key hidden driver is eBay Live, launched in June 2022, which has fueled impressive Gross Merchandise Volume (GMV)...
On October 13, 2026, Ryan Cohen, GameStop's CEO and board chair, made discretionary open-market purchases of 844,130 shares worth $22.8 million, despite publicly advising investors to bet against GameStop on a podcast the same day. This contradictory...
Morgan Stanley named eBay its top internet stock pick, highlighting live streaming auctions as a key growth driver now accounting for over 40% of eBay's gross merchandise volume. eBay shares rose 5%, outperforming Shopify and Etsy, which also gained ...
