EBay Crashes Nearly 10% As Revenue Remains Flat
January 27, 2016 at 16:24 PM EST
Investors clearly don’t like what they see with eBay, which reported its fourth-quarter earnings today — sending shares down around 10% in extended trading. The company said it had earnings of 50 cents per share on revenue of $2.3 billion. Analysts were expecting earnings of 50 cents a share on revenue of $2.32 billion. Net revenue hardly changed from the same quarter last year,… Read More