Equity News
eBay Inc. (EBAY) Stock Tumbling in Pre-Market, Here’s Why
eBay Inc. (EBAY), a company that operates platforms for connecting buyers and sellers across the globe, has slid 10.22% in the pre-market trading session. Consequently, the stock is trading at $49.01 at the time of the writing. During Wednesday’s mid-day session, the stock declined by 1.02% and closed the day at $1.02. The stock slumped after the announcement of financial results, which depicted a bleaker outlook for the company. Q4 and FY 2021 Results On Wednesday, EBAY released the results for Q4 2021 and FY 2021. The total revenue generated during the three months of Q4 2021 was $2.6 billion, an increase
