EBay Stock Sinks on Concerns About Holiday Shopping Season

Key TakeawaysEBay's guidance for the key holiday shopping season didn't impress investors, and shares dropped Thursday.The e-commerce firm beat profit, sales, and gross merchandise volume estimates in the third quarter.Analysts at Jefferies and Deutsche Bank raised concerns about the company's gross merchandise volume in the fourth quarter. EBay (EBAY) shares tumbled Thursday, a day after the online marketplace gave weaker-than-expected guidance for the key holiday shopping period. The company sees fourth-q ...