EBay stock soars; Q2 earnings smashing

19 Jul 2012
EBay stock (Nasdaq: EBAY) hit a new 52-week high today as a result of its Q2 earnings report, which came after the market close yesterday.A brief synopsis of the Q2 earnings: PayPal was the star, but the real focus was on the growth in mobile --- comparison shopping, distribution of apps, transactions by mobile (which are expected to double, year-over-year, to $10 billion, with a B, in 2012).

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The AIM Group, formally the Advanced Interactive Media Group LLC, is the world’s leading consultancy in interactive media and classified advertising. We publish Classified Intelligence Report, a continuous advisory service known as “the bible of the classified advertising industry.”