EBay Q1 Marketplaces Weakness Weighs On Stock

By | April 30, 2014

Scalper1 News

EBay stock was down 5% in morning trading in the stock market today after the payments and e-commerce powerhouse late Tuesday reported mixed Q1 results that showed weakness in its U.S. Marketplaces business. Moreover, the company’s Q2 guidance missed Wall Street views. San Jose, Calif.-based eBay (EBAY)reported earnings per share minus items of 70 cents, up 11.1% from the year-earlier quarter and 3 cents above the consensus estimate of 40 analysts Scalper1 News

Scalper1 News