YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Shares of eBay Inc. were down 6.5% in after-hours trading on Wednesday after the release of the company's quarterly results.
During the first quarter, the online marketplace recorded a net loss of $1.3 billion. A year earlier, net income was $641 million.
Company officials said the loss was "primarily driven by the change in fair value of our equity investments."
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