eBay (EBAY) shares ended the trading session with a 1.24% gain to $58.04 each. During the extended trading, company’s stock surged 11.06% to $64.46 per share. Investors were encouraged by its strong quarterly financial results.
eBay reported fourth-quarter adjusted earnings of $0.86 per share, higher than the $0.83 per share consensus estimate. Its revenue was $2.9 billion compared wirg the $2.7 billion expected by Wall Street analysts.
Qualcomm (QCOMM) shares declined more than 8% to $151.40 each after the company reported its first-quarter financial results. The company’s earning were $2.17 per share, higher than the $2.10 per share consensus estimate. Its revenue was $8.23 billion, slightly lower than the $8.27 billion expected by Wall Street analysts.
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