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eBay Drops on Weak Guidance

NEW YORK (TheStreet) — eBay shares fell 4.6% to $51.06 in after-hours trading after the company posted earnings that missed Wall Street expectations.The San Jose based e-commerce giant posted third-quarter earnings of 64 cents a share on $3.89 billion in revenue. Analysts surveyed by Thomson Reuters were looking for the company to earn 63 cents a share on $3.9 billion in sales.The company noted …

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