eBay (EBAY) Stock Closed Lower Today Following Yesterday's Rally

NEW YORK (TheStreet) — Shares of eBay closed lower by 0.67% to $56.76 in Friday's session on heavy trading volume, following the rally in the prior day's session due to its higher than expected fourth quarter earnings. eBay reported non-GAAP net earnings of 90 cents per diluted share, higher compared to 81 cents …

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EBay to cut 2400 positions amid sluggish sales – SFGate

SFGate EBay to cut 2400 positions amid sluggish salesSFGateEBay Inc. is cutting 2,400 positions, buying back shares and entering into a standstill agreement with activist investor Carl Icahn as the company prepares to split its marketplace and payments businesses. EBay, which also reported weak holiday sales … More: continued here

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