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Live News EQUITY ARTICLE M impact

eBay Shares Rise 5% to $117.80, Lead S&P 500

eBay was the S&P 500’s best-performing component on Monday after Morgan Stanley named it a top pick. The bank cited the company’s position in used goods.

EBAY

eBay was the S&P 500’s top performer on Monday after Morgan Stanley named the stock a top pick. The bank said the global e-commerce company is becoming the New York Stock Exchange for used goods. 80 on Monday, making eBay the index’s best-performing component.