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Benzinga
Benzinga
Business
Henry Khederian

Here's Why eBay, GameStop And Shopify Shares Are Rising

eBay GameStop SHOP Shopify NYSE eBay Inc GameStop Corp. GME Shopify Inc

Shares of several companies in the retail & apparel sector, including eBay Inc (NASDAQ:EBAY), GameStop Corp. (NYSE:GME) and Shopify Inc (NYSE:SHOP), are trading higher amid overall market strength following a lighter-than-expected U.S. PPI report.

USA PPI month-over-month for Feb was 0.800% vs the 0.900% consensus estimate. The prior reading was 1.000%.

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