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A cautious note from Stifel's Jordan Rohan is helping eBay (EBAY -3.6%) close lower. Rohan says...

A cautious note from Stifel's Jordan Rohan is helping eBay (EBAY -3.6%) close lower. Rohan says he'd like details on the impact digital wallet fees will have on PayPal (Jefferies has made some estimates), and believes PayPal accounts for only 5% of mobile payments (ed: its transaction volume is still significant). Separately, Reuters takes a look at the growth of European PayPal rival Klarna. Over in the U.S., PayPal faces competition from Stripe, which touts simple on-site integration and fast customer support as selling points. eBay's analyst day is on Thursday.
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Comments (2)
  • Fear & Greed Trader
    , contributor
    Comments (5963) | Send Message
     
    Stifel is notorious for issuing negative comments to knock a stock down to garner a better entry price. I have no position in EBAY , but if they succeed in hammering it down a bit more , I may initiate a buy order to take advantage of the "pop" on Thursday's analyst day comments...
    25 Mar 2013, 09:06 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5963) | Send Message
     
    And as suggested it happened to the tune of 4.7% ; http://seekingalpha.co...
    30 Mar 2013, 06:19 PM Reply Like
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