EBay Drops as Turnaround Falls Short of Expectations (Update1)

April 22 (Bloomberg) — EBay Inc. had its biggest drop in more than a year in Nasdaq trading after its profit forecast missed estimates, a sign Chief Executive Officer John Donahoe is struggling to stem the loss of customers to Amazon.com Inc.

More: continued here

Leave a Reply

Your email address will not be published. Required fields are marked *