EBay Stock Falls Despite Earnings Beat, Sales Growth Acceleration

Published 1 week ago Positive
EBay Stock Falls Despite Earnings Beat, Sales Growth Acceleration
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EBay stock slid late Wednesday despite the e-commerce company reporting third-quarter results that beat Wall Street's expectations. A mixed outlook for the current holiday quarter may be to blame. San Jose, Calif.-based eBay said that it earned an adjusted $1.36 per share for the September-ended quarter, up 14% from a year earlier.

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