Dan Nathan Is Bullish On eBay

Loading...
Loading...
Speaking on CNBC's Options Action
, Dan Nathan said that
eBayEBAY
traded higher on
Friday on a rumor that Google GOOG GOOGL might be interested in purchasing the company
.
eBay
denied the rumor and the stock pulled back a bit. It managed to close the session 2.98% higher but without much action until the end of the day. Nathan decided to buy the stock because he believes that other tech companies might be interested in buying
eBay
. He named
MicrosoftMSFT
,
FacebookFB
and
Yahoo!YHOO
as a possible candidates.
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMediaDan NathanOptions Action
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...