Tag Archives: ebay
Amazon Stock Shows Strength As EBay Gets Clobbered
EBay (EBAY) is getting clobbered in the stock market today after a report came out saying that Amazon’s (AMZN) September same-store sales growth beat that of eBay’s by far. E-commerce optimization firm ChannelAdvisor says that last month, Amazon’s comps grew 19.2% from last year, while eBay’s comps rose just 1.1% — well below the 15% growth that analytics firm comScore predicted and the lowest rate that eBay has seen since February 2011. EBay
Bullish PayPal Calls: Braintree A Plus Vs. Apple Pay
Competition with Apple (AAPL) and Google (GOOGL) in mobile payments isn’t scaring most Wall Street analysts from initiating coverage on PayPal with bullish calls. Citigroup, Barclays and Raymond James on Wednesday initiated coverage on online payments processor PayPal (PYPL), which started trading on Monday following its spinoff fromeBay (EBAY), with buy, overweight and outperform ratings, respectively. Despite the burgeoning rivalry with Apple and