eBay trades higher on Cyber Monday

|About: eBay Inc. (EBAY)|By:, SA News Editor

Shares of eBay (EBAY) are higher in premarket action after the company saw strong online traffic and mobile volume during the Black Friday weekend.

Some positive analyst attention could also be boosting sentiment. SunTrust took its stance on the company up to a Buy rating to go along with a $61 price target.

EBAY +2.9% premarket to $51.72.