eBay is one of the oldest internet companies around, but their stock is also one of the cheapest when compared to other online marketplace platforms. 

Yesterday the company reported Q2 earnings and left investors feeling mixed. EPS beat by $0.04, but revenue failed to impress and missed by $170M.

To top it off, Q3 guidance came in soft with revenues expected to be lower than what they were this past quarter. But shockingly, the stock still climbed +1.28% today. How?

Maybe it's because the stock is still wildly undervalued. Even if there's negative growth.