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eBay: Merrill Says Trends "Remain Troubling"

in News on October 1, 2008 at 2:27 pm PT

There’s troubling brewing at eBay (EBAY). In a research note late yesterday, Merrill Lynch Internet analyst Justin Post said checks with the Professional eBay Sellers Association indicate that eBay’s gross merchandise value growth in the U.S. “turned negative” in September.