The pandemic generated near-term tailwinds for the aging online auction
site, but it still faces long-term challenges.
eBay’s (NASDAQ: EBAY) stock rallied about 40% this year as investors
flocked to e-commerce companies that could benefit from store closures
and stay-at-home trends during the COVID-19 pandemic. However, eBay still
trailed behind many of its e-commerce peers.
Amazon’s (NASDAQ: AMZN) stock is up 70% year to date. Shopify (NYSE:
SHOP) has risen over 160%, and shares of Etsy (NASDAQ: ETSY) have more
than tripled. Is there any reason for investors to stick with eBay
instead of those higher-growth plays? …
