Thursday, January 20, 2005

Shares of EBay Tumble on 'Red Flags'

Ebay stock took a big tumble on Thursday:
"Shares of the online bazaar, where sellers peddle everything from ski pants to private islands, fell 19 percent on Nasdaq."
Apparently, Wall Street sees signs that Ebay's period of explosive growth may be coming to an end.

Its still way above the $16 / share I told my broker that I was willing to pay for it on the day of its IPO.

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