eBay Makes Up For Wednesday Loss After Citigroup Upgrade

Posted in pre-market 
August 12th, 2010

Ebay inc. (NASDAQ: EBAY) was upgraded to a buy this morning by citigroup, largely erasing yesterday’s 3% loss in pre-market trading. At 8:10AM EDT, EBAY shares were up 2.12% to 21.70, which is on the low end of the online auction company’s 52-week range 19.06 - 28.37. The stock had only traded 10,214 shares relative to a daily average of 14.62 million.

-Michael B. Sauter

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