eBay stock falls on weak guidance, despite Q2 earnings beat

Online marketplace eBay reported second-quarter results amidst its much-hyped summer sale that coincided with Amazon’s (AMZN) Prime Day event. Earnings surged and came in above Wall Street forecast as both the major business divisions delivered strong performance. However, weak revenue guidance dragged the stock in the extended session, following the earnings report.   In the … Continue reading eBay stock falls on weak guidance, despite Q2 earnings beat