eBay (eBay) Comments Slam Internet Stocks (GRPN) (AMZN) (OSTK)
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Price: $104.94 -3.05%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +11.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +11.9%
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Internet stocks Groupon, Inc. (Nasdaq: GRPN), Amazon.com Inc. (Nasdaq: AMZN), Overstock.com Inc. (Nasdaq: OSTK), and others declined on Thursday following eBay's (Nasdaq: EBAY) Q3 results and comments on the company's conference call. Specifically, eBay said Q3 showed "dramatically decelerating" U.S e-commerce growth and there were no positive signs so far in October.
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