Reuters |
EBay shares sink as strong dollar, competition hit forecast
Reuters EBay Inc's shares plunged 13 percent on Thursday, after a disappointing holiday-quarter performance and a weak forecast suggested that overwhelming competition from Amazon.com Inc was gutting the one-time Wall Street favorite. EBay, which gets more … EBay Offers Disappointing Outlook On The Heels Of A No-Growth Quarter eBay Crashes Nearly 10% As Revenue Remains Flat After-hours buzz: FB, EBAY, PYPL & more |
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