Online sales jump on Cyber Monday, eBay shines


SAN FRANCISCO: Online sales jumped on Cyber Monday, sending e-commerce retailers' shares higher and suggesting strong growth from earlier in the holiday shopping season is continuing for now.

EBay's shares climbed 4.9 percent to close at $51.40. The stock hit an intra-day high of $51.78, the highest level since early 2005. Amazon's shares gained 1.6 percent to $243.62.

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