EBay Shares Trading Higher After Hours
17 Julio 2019 - 6:25PM
Noticias Dow Jones
By Stephen Nakrosis
Shares of online auction site eBay Inc. (EBAY) are trading up in
Wednesday's after-hours market, pushed higher by the company's
strong second-quarter profits and a raised outlook.
At 6:38 p.m. ET, the company's shares had gained 5.46%, to trade
at $41.16. After-hours volume was robust at better than 1.2 million
shares.
In the day's regular trading session, eBay's stock closed 2.23%
lower, at $39.03 per share.
After the bell Wednesday, eBay said its second-quarter revenue
rose 2%, and that it expected third-quarter revenue to come in a
range between $2.61 billion and $2.66 billion.
EBay also said it took a 5.5% stake in Indian e-commerce startup
Paytm Mall and said it sold a flash-sale site in Germany called
brands4friends.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 17, 2019 19:10 ET (23:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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