eBay Stock Drops Amid Concerns Over Slowing Ad Revenue

Reported 16 days ago

Shares of eBay declined after Jefferies downgraded the stock from 'hold' to 'underperform,' citing slowing advertising revenue growth and rising marketing expenses as potential factors for sluggish profit growth. The analysts also highlighted a significant drop in revenue growth from China, which may pose further challenges for the company.

Source: YAHOO

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