Shares of eBay Inc., the San Francisco-based online auctioning company rose Friday after it reported better-than-expected earnings.
In the first quarter, eBay earned $21 million, more than 11 times the profits of $1.8 million, n the first quarter of 2000.
Revenue soared 79% to $154.1 million, from $85.9 million in the year-ago period.