eBay falls; Janney worried about Cyber Monday sales

|About: eBay Inc. (EBAY)|By:, SA News Editor

Janney thinks Cyber Monday same-store sales growth for eBay (EBAY -3.6%) merchants could be in the mid-to-high single-digit range. That would be notable worse than the same-store sales growth ChannelAdvisor (ECOM -2%) has been reporting for its clients' eBay sales.

eBay missed Q3 revenue estimates and issued weaker-than-expected Q4 guidance last month, and largely blamed it on U.S. e-commerce softness. But the company later backtracked a bit on its remarks.

Fears have been running high that eBay's Marketplaces ops are once more losing share to Amazon, which beat its Q3 revenue estimates and offered relatively healthy Q4 top-line guidance.