Click to view a price quote on EBAY. : Elliott Management, the hedge fund known for its activist investing, disclosed that it has a 4% stake in eBay (EBAY) Tuesday morning. The hedge fund said that eBay's management should "turn its singular attention to growing and strengthening marketplace", asserting the group is "far from broken, and its future should be bright". Elliott's five-step plan, the activist said, outlines a value creation opportunity that would take the path of Ebay shares to between $55 and $63 each by 2020, reported TheStreet's Martin Baccardax.