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EBay late Tuesday posted Q1 EPS and sales that narrowly beat views, but its outlook missed and PayPal’s sales growth remained flat for a third straight quarter. EBay (EBAY) stock was down more than 4% in after-hours trading Tuesday, after the release, after rising 1.7% in the regular session. “EBay is holding its own, but could do better,” ITG analyst Steven Weinstein told IBD. San Jose, Calif.-based eBay this month reached an accord with Scalper1 News
Scalper1 News