eBay: Looking For Quality Products With A Discounted Price

Has ecommerce peaked as far as sales? eBay Inc. (EBAY) stock price is up over 18% this month. “eBay purchase intent social media mentions are down 5% year-over-year, which is exactly how much the company’s revenue is down quarter-over-quarter according to their latest earnings report. Mentions of shopping online are up 1% year-over-year and consumers are hunting for quality with a perceived discounted price. Consumer happiness for eBay is up recently with the assortment of offerings,” says LikeFolio’s Megan Brantley. Tom White and Kevin Hincks weigh in on the eBay popularity of car parts and collectibles.