Seeking Alpha
What is your profession? ×
Profile| Send Message|
( followers)
With eBay (NASDAQ:EBAY) trading up $3.50 in the pre-market, we looked at prior times the stock has gapped higher on earnings. We found that of the ten times an earnings up gap has occurred (since 10/02), the stock has continued higher from the open to the close eight times for an average gain of 1.77%. Clearly, traders like to send the stock higher.

click to enlarge
ebay up