Due to ridiculous Listing Fees, EBay Sees Steepest Drop & Customer Loss in Seven Years


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 than half its revenue from overseas, is also fighting the impact of a strong dollar, which has knocked the wind out of profits at several companies that have reported results this earnings season.

The stock fell to $23.01 in early trading, knocking off $4 billion from Ebay’s market value.

Source: EBay Sees Steepest Drop in Seven Years | Fox Business

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Rocktographer(Live Music Photographer), Motorsports & Beach Sports Photographer, based in Las Vegas & the Beach Cities in California; Website Developer, Food & Drink Photographer, Enthusiast and Critic with No-Sugar-Coating Reviews, Sports Handicapper, etc. No longer on Facebook, due to being discriminated against for using Fake Names, unlike the 'Drag Queens' of the GLBT Community that are allowed to do so. I urge everyone that reads this to leave Facebook for easier use at ( http://www.TSU.co/SinCityExaminer ) & ( https://plus.google.com/+KevinSinCityExaminer )

Posted on January 28, 2016, in Uncategorized and tagged , , , , . Bookmark the permalink. Leave a comment.

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