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eBay reported Q1 earnings and topped analyst expectations, but shares are down -6.24% in post market. The eCommerce company announced Non-GAAP EPS of $1.09 (beats by $0.02) and revenue of $3.02B (+42% Y/Y).
Despite the growth, investors appear to be concerned about Q2 guidance that was given. eBay's Q2 guidance was flat and is expected to be in the range $2.98 - $3.03B. Should investors sell or steer clear of #ebay because of the guidance? Or take advantage of any dip that the stock has to offer?