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

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

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.