eBay (EBAY) Stock Could Trade At A Discount As Its 236% Run Continues

eBay has delivered a powerful share price run in recent years, which naturally raises a question for anyone looking at the stock today. Is the current valuation still grounded in the cash the business is expected to generate, or has the market moved ahead of those cash flows? Over the past 3 years the stock has returned about 235.9%, which puts a lot of weight on whether the underlying cash generation can support that kind of re-rating. Recent workforce cuts and a sharper focus on areas like...