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A downbeat note from ITG Research is taking a toll on eBay (EBAY -2.6%) which has outperformed...

A downbeat note from ITG Research is taking a toll on eBay (EBAY -2.6%) which has outperformed during the recent tech selloff. ITG says its checks indicate macro trends are affecting eBay's ASPs, and resulting in a modest slowdown in e-commerce activity. It expects eBay to post Q2 revenue of $3.29B, below a consensus of $3.36B.
Comments (2)
  • Philip Cohen
    , contributor
    Comments (1607) | Send Message
     
    And to think that five years ago, before the headless turkey from Bain & Co took the helm and started his "destructive renovations", the stock prices of both eBay and Amazon were ~$40.

     

    eBay / PayPal / Donahoe: Dead Men Walking
    28 Jun 2012, 04:50 PM Reply Like
  • grantricardo05
    , contributor
    Comment (1) | Send Message
     
    what up with GENE it appears to have support around 3.65 do you think it will pop to the upside?
    28 Jun 2012, 05:44 PM Reply Like
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