eBay Inc. (NASDAQ:EBAY) has been hit with a $3.8 billion lawsuit. The case has been filed by a private company called XPRT Ventures. The private company has claimed that eBay Inc. used its online payment system plan for designing PayPal. The company also claimed that eBay Inc.’s application to get the technology patented was also rejected since XPRT already owned the patent. eBay Inc. has called the lawsuit “without any merit”.
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eBay Inc. stock is currently trading at $20.64, down 1.95% from its last closing price. The stock opened at $21.06 today and reached a high of $21.08. Its 52-weeks price range is $17.61-$28.37. The stock has an EPS of $1.84. The company beta is 1.76. eBay Inc.’s 50 days moving average price is $21.37 and its 200 days moving average stands at $23.44 .
The company’s P/E ratio is 11.18 and its market cap stands at $26.94 billion.
Amazon.com Inc. (NASDAQ:AMZN) is poised to play a leading role in cloud computing segment. The company is planning to deploy pay per use model for this service. This Tuesday, the company released its most powerful cloud computing server called Cluster Compute.
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The stock today touched a high of $121.92 after opening at $121.36. It is currently trading at $120.62, down 1.18%. Amazon stock has traded in the range of $120.41- $121.92 during the last 52 weeks. The company has an EPS of $2.29 and its beta is 1.31. Amazon is trading at the P/E ratio of 52.93. Its 50 days moving average is at $122.34 whereas its 200 days moving average is $125.06.
Overstock.com Inc. stock is currently at $19.59 price level. It is down by2.58 % from its last close. It opened at $20.05 and reached a high of $20.06 today. Overstock.com Inc. stock has traded in the range of $10.88-$26.50 during last 52 weeks. Its 50 days average is $21.00 and its 200 days average is $16.50. The company’s beta is 2.13 and its EPS is $0.65.
Overstock.com Inc. is an online retailer. It specializes in offering discount brands and closeout items.
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