eBay shares are trading lower after the company issued Q4 and FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
eBay shares are experiencing a decline as the company released Q4 and FY24 revenue guidance that falls short of market expectations.
October 31, 2024 | 12:12 pm
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eBay's stock is trading lower due to the company's Q4 and FY24 revenue guidance being below market estimates, indicating potential challenges in meeting growth expectations.
The lower-than-expected revenue guidance suggests that eBay may face challenges in achieving growth targets, leading to a negative market reaction and a decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100