EBay Stock Slides After Analysts Warn of Slowing Ad Revenue Growth
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EBay's stock experienced a decline following a downgrade by Jefferies analysts, who cited concerns over slowing advertising revenue growth.
December 10, 2024 | 5:00 pm
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EBay's stock fell after Jefferies analysts downgraded the company, highlighting concerns over slowing advertising revenue growth.
The downgrade by Jefferies is significant as it directly impacts investor sentiment and highlights a potential slowdown in a key revenue stream for eBay. This is likely to negatively affect the stock price in the short term.
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