Video: EBay Weighed Down By Weaker Marketplace

By | October 16, 2014

Scalper1 News

EBay (EBAY) stock skidded more than 6% in morning trading in the stock market today on worries about its e-tail, or Marketplaces, business, a day after the payments and e-commerce giant cut its revenue outlook for the year. EBay, which is spinning off its PayPal unit as a separate company next year, also guided Q4 earnings and revenue below Wall Street views. Moreover, Q3 sales came in light, though EPS modestly beat analyst estimates. Several Scalper1 News

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