Article updated: 11/27/2012 8:00 AM

EBay nears 8-year high as online shopping accelerates

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Ebay is riding the nation's rising interest in doing business online.


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EBay Inc. rose more than 5 percent, approaching the highest intraday price in almost eight years, on optimism that it will benefit from a surge in online shopping ahead of the year-end holidays.
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