EBAY Jun 2024 57.500 call
| Previous close | 0.6500 |
| Open | 0.4800 |
| Bid | 0.0300 |
| Ask | 0.1100 |
| Strike | 57.50 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0900 - 0.1700 |
| Contract range | N/A |
| Volume | |
| Open interest | 746 |
- Yahoo Finance Video
EBay, Etsy's Q1 earnings are signaling weaknesses in consumer
Shares of Etsy (ETSY) and eBay (EBAY) are both sliding Thursday morning after both companies posted their first-quarter earnings results, revealing signs of weakening spending in the consumer discretionary category. At Etsy, merchandise sales were down 3.7% year-over-year with habitual buyers down 2.9% year-over-year. Yahoo Finance's Madison Mills joins Wealth! to break down the consumer pressures afflicting these e-commerce platforms. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
Carvana, Ebay, MGM Resorts: After hour movers
Shares of Carvana (CVNA) are surging after hours on Wednesday as the company posted its first quarter earnings, revealing it surpassed Wall Street expectations with revenue of $3 billion against an expected $2.68 billion. In addition, CEO Ernest Garcia III claimed the company delivered the best results in its history. Shares of eBay (EBAY) are sliding after the company posted its first quarter earnings, beating Wall Street expectations on both the top and bottom line but missing on expectations for its second quarter forecast. MGM Resorts (MGM) stock rises as the company beat Wall Street expectations on the top and bottom line with its first quarter earnings. The company's success is partly due to boosted revenue from its segment in China, growing almost 70% year-over-year. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Barrons.comEtsy Stock Is Headed to Its Lowest Level in 4 Years. What Wall Street Thinks About Earnings.
Etsy stock was on pace to have its worst day since 2020 after the e-commerce retailer posted lower-than-expected gross merchandise sales for the first quarter. GMS of $2.99 billion was below the FactSet consensus of $3.03 billion and lower than the $3.1 billion reported in the same period last year. The results have led to concerns among Wall Street analysts over what the current state of the consumer means for the company’s top-line.
