Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Ebay Shares Backtrack After It Dismisses Talk Of Google Stake


Ron Burgundy
 Share

Recommended Posts

Aerial view of German ebay headquarters in KleinmachnowNEW YORK/SAN FRANCISCO (Reuters) - Shares of eBay Inc lost much of their Friday gains after the online retailer dismissed market speculation that Google Inc may be preparing to buy a slice of the company. The stock rose as much as 4.7 percent in unusually heavy volume in the morning, with two European-based traders and one U.S.-based trader citing rumors that Google would possibly take a large stake in eBay as the reason for the move. "We’ve had no conversations with Google about acquiring a stake in the company," eBay spokesman Alan Marks said. ...




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share