EBay shares backtrack after it dismisses talk of Google stake

NEW YORK/SAN FRANCISCO (Reuters) – Shares of eBay Inc (EBAY.O) lost much of their Friday gains after the online retailer dismissed market speculation that Google Inc (GOOG.O) may be preparing to buy a slice of the company. The stock rose as much as 4.7 percent in unusually heavy volume in the morning, with two European-based traders and one U.S.-based trader citing rumors that Google would …

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