US stocks fall moderately; Apple product announcements drag down Garmin … – Minneapolis Star Tribune

US stocks fall moderately; Apple product announcements drag down Garmin
Minneapolis Star Tribune
Investors saw Apple's payment system as a direct competitor to eBay's PayPal division, causing eBay to fall sharply in afternoon trading. EBay closed down $1.50, or 3 percent, to $52.73. Other payment system companies, such as Alliance Data Systems

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