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Noteworthy ETF Outflows: QQQ, EBAY, BIDU, TXN
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Symbols mentioned in this story: QQQ, EBAY, BIDU, TXN Exchange traded funds (ETFs) trade just ...

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EBAY Shares Fall on Downgrade

By Market News Video Staff, Tuesday, November 30, 1:08 PM ET
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eBay (NASDAQ:EBAY) shares are falling Tuesday after Piper Jaffray (NYSE:PJC) downgraded in the stock from overweight to neutral.

Piper Jaffray said the auction site could lose market share over the next two years.

Piper maintained its price target at $30 per share. Today it is trading lower by 3.4%.

eBay is the second-largest holding of the Internet HOLDRS (HHH) fund, at 20.5% of the total.

Amazon.com (NASDAQ:AMZN) is the top stock, at 43.72% of the fund.

Yahoo (NASDAQ:YHOO) is 11.73% of the fund, followed by Priceline.com (PCLN) at 6.65%, and Time Warner (TWX), at 5.82% of the fund.


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