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Stock Market & Financial Investment News

News Breaks
April 29, 2014
14:48 EDTEBAYeBay technical comments ahead of earnings, levels to watch
The shares have largely been trading in a range of $50 at the low and $56 at the high (with some notable exceptions) since late 2012. A range that has been this long in development tends to keep moving in the direction of the ultimate break of the range. If $50 were taken out on the downside, we could expect further price weakness to come and a major top would be in place on a long-term basis. A look at a 10-year chart will make this clearer. Similarly on strong positive news, a breakout above $56 would signal the potential for a new leg higher that could set new record highs. While there was a move above the range back in February and March, it proved short-lived. The first big resistance level on the upside in the event of positive results would be at the life high of $59.70. Support on a break below $50 would be at $47.47.
News For EBAY From The Last 14 Days
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September 1, 2015
10:56 EDTEBAYRBC Capital to hold a bus tour
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06:44 EDTEBAYStubHub reverses course on 'all-in' pricing, WSJ reports
StubHub, a unit of eBay, is returning to its old system of adding 15%-17% to its ticket fees, shifting from its "all-in" pricing platform, the Wall Street Journal reports. StubHub's market share has declined heavily due to negative reaction to the pricing change as well as a new crop of competitors, the report says. Reference Link
August 30, 2015
14:34 EDTEBAYPayPal shares could gain 40% as e-commerce grows, Barron's says
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August 24, 2015
08:11 EDTEBAYeBay Motors partners with Assurant to extend warranties on purchase
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August 19, 2015
09:16 EDTEBAYNew Relic, Magneto announce expansion of partnership
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August 18, 2015
06:08 EDTEBAYeBay expected to announce sale of some of Snapdeal stake, Re/code reports
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