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eBay Inc. Stock Slides 5% as Depop Deal Faces UK Test Before Earnings
eBay Inc. shares dropped 5.3% amidst regulatory scrutiny over its proposed $1.2 billion acquisition of Depop, a London-based fashion resale platform. The UK’s Competition and Markets Authority is reviewing the deal, with a deadline for public comments set for May 8, and eBay is also preparing for its first-quarter 2026 earnings call on April 29. This comes as the company aims to attract younger consumers through the booming secondhand fashion market, despite recent stock underperformance compared to the broader market and peers.