eBay Earnings Test Shareholders' Patience
eBay (NASDAQ: EBAY) investors had pushed the stock higher in recent months on hopes that the e-commerce giant might achieve an operating rebound or announce a flood of direct cash returns as part of its restructuring plan. The clarity that shareholders were seeking on these two points did not appear in the company's third-quarter earnings report.
Instead, eBay's core growth trends worsened slightly in the third quarter while management delayed a decision on what to do with the StubHub and classified business segments.
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Source Fool.com
