PayPal, Hit by eBay's Plan to Ditch Its Services, Gives Downbeat Earnings Forecast

PayPal forecast first-quarter revenue and profit well below expectations, as it prepares to take a hit from eBay’s ongoing move to ditch its payments services, sending its shares down 17.4 precent.

PayPal, Hit by eBay's Plan to Ditch Its Services, Gives Downbeat Earnings Forecast
PayPal forecast first-quarter revenue and profit well below expectations, as it prepares to take a hit from eBay’s ongoing move to ditch its payments services, sending its shares down 17.4 precent.