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eBay's stock is getting a bump after solid earnings

Apr 27, 2016, 01:55 IST

Justin Sullivan/Getty Images

Online marketplace eBay is getting a boost after the company reported slightly stronger than expected earnings.

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The company reported earnings of $0.47 per share against analyst expectations of $0.45 per share. Revenues came in above expectations as well at $2.14 billion generated in the quarter versus $2.08 billion expected by analysts.

Thr stock jumped 5% immediately after the announcement in after-hours trading, but has since settled up around 4% at $25.05 a share.

More to come...

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