EBay stock sinks after company gives lackluster guidance for fourth quarter

Shares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace posted its third-quarter earnings and gave guidance for the fourth quarter that fell short of Wall Street's expectations. Here's how the company did: Earnings: $1.19 per share vs.$1.18 per share expected by LSEG Revenue: $2.58 billion vs.$2.55 billion expected by LSEG For the current quarter, eBay predicted revenue to between $2.53 billion and$2.59 billion, which would represent a 1% decline to a 1% increase yea ...