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Tag: holidayquarter

EBay forecasts holiday-quarter revenue below estimates, shares fall 3%, Retail News, ET Retail

EBay Inc forecast current-quarter revenue below Wall Street estimates on Wednesday, as it faces fierce competition from bigger rivals Amazon.com and Walmart Inc in the run-up to the crucial holiday shopping season. Shares of the company fell 2.73% to $38.13 in extended trading as the holiday quarter typically generates a majority of its annual sales …

EBay forecasts holiday-quarter revenue below estimates, shares fall 3%, Retail News, ET RetailRead More