eBay Dropped After Earnings: Should You Consider It?
eBay (NASDAQ: EBAY) stock slid immediately following the release of its third-quarter earnings results on Oct. 27, despite posting strong revenue and earnings numbers. Weak revenue guidance came under the spotlight as ongoing reopenings reversed some of the temporary sales gains during the pandemic.
However, during the height of the COVID-19 crisis, new leadership made changes that could improve eBay's long-term prospects. The question for investors is whether the latest numbers point to continued stagnation or offer a path to additional growth for the internet marketplace.
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Source Fool.com
