Financial-services company PayPal has seen shares lose all its pandemic-era gains. Outgoing CEO Dan Schulman just bought $2 million of stock. Read More...
TheStreet.com
Here’s Why eBay Was Roughed Up After Earnings
Wednesday’s post-trading release of 2023 eBay’s fourth quarter earnings looked fine at first glance, fine but not great. The world’s greatest online flea market, which is a member of my 2023 Tax Loss Selling Recovery Portfolio, reported earnings per share of $1.07, a penny ahead of consensus estimates, with the top-line ($2.5 billion) $45 million above consensus. Now, I’ve had tons of discussions with newer investors about the folly of quarterly earnings releases.
