Earlier in the trading session, eBay shares were up as much as 16.6 percent, their best intraday gain since Oct. 2008.
Mobile phones allow consumers to have "a mall in their pocket;" eBay allows them to pay for the goods they buy, CEO John Donahoe told CNBC Thursday.
Analyzing the earnings data from Bank of America, with David George, Robert W. Baird, senior research analyst.
eBay reported quarterly earnings Wednesday after the bell, beating expectations. John Donahoe, the company's CEO, weighs in.
Take a look at some of Thursday’s morning movers:
A rush of corporate earnings news should help steer stocks Thursday, but Europe’s sovereign debt crisis could come back into play, depending on the outcome of Spanish bond auctions.
The online auctioneer reported quarterly earnings and revenue that beat analysts' expectations, sending its shares higher in extended trading on Wednesday.
Stocks accelerated their losses in the final minutes of trading to close near lows Wednesday, pressured by a handful of lackluster tech earnings and amid renewed concerns over the euro zone.
Track companies making headlines after-the-bell Wednesday:
U.S. stock index futures were lower Wednesday as central banks seemed to drift away from the idea of injecting more monetary stimulus and European shares fell.
Despite the recent stock pullback, corporate earnings are expected to continue giving the market some short-term momentum.
The Internet search giant reported quarterly earnings and revenue that beat Wall Street's expectations on Tuesday, sending its shares higher in extended-hours trading.
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Facebook's final private market transaction has priced on SecondMarket at $43.50, a record for the private market exchange. That figure values the company at about $109 billion.
Here's what people are talking about tonight: Facebook likes Nasdaq, Egan-Jones cuts U.S. credit rating and Yahoo plans a meeting to discuss future.
Analysts lowered their rating for eBay to “outperform” from “strong buy” with a $39 price target. Its stock opened at $35.54 on Thursday.
Retail needs to adapt or die. That was the call to action sounded by Eddie Lampert, founder of ESL Partners, which controls about 60 percent of Sears Holdings, in an interview with CNBC Wednesday. In a rare media appearance, Lampert said the changes in the retail industry have been great for the consumer, but there is a question about whether it has been great for business.
Sharing investment advice since Groupon was forced to revise Q4 results, with Jordan Rohan, Stifel Nicolaus senior analyst.
Stocks closed at session highs Monday, logging their best one-day rally in almost two weeks, boosted by Ben Bernanke's earlier comments that the Fed may continue its easy monetary policy if the jobs market continues to show signs of weakness. Stocks are on track to post their best quarter since 1998.
Square just upped the ante in its budding rivalry with PayPal over consumers and merchants in the multibillion-dollar mobile payments business.