Here is Why Ebay Surge Today

EBAY

eBay shares soared 9% today at $69.51 after Meta Platforms announced it would let users browse eBay product listings on the Facebook Marketplace. The listings will be available with sellers in the United States, Germany, and France, with plans to expand to more regions soon.

Facebook Marketplace customers would complete their transactions on eBay’s website. This is a positive development for eBay stock as the listings will gain more visibility and attract fresh audience.

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AMC Stock under Pressure After Price Target Cut

AMC Entertainment Holdings Inc (AMC) stock closed the trading session 4.41% lower at $5.85 after B. Riley Securities reiterated AMC at “Neutral” but cut the price target for the stock from $11 to $7.50.