Wealth-Coaching

In today’s stock market investing blog, I will discuss some of the latest developments on Wall Street. This blog is devoted to providing to providing the best of news and information for the stock market investor, but we will not offer you specific buying or selling advice. We recommend that you contact an investment professional for all of your investing needs. If you would like more news or information on this and various other subjects, you can re-visit the stock market investing blog frequently.

E Bay, which had purchased Skype sometime ago, has decided to dump the service after poor short term performance. Skype was a program that allowed users to make calls over the internet and has a respectable 196 million registered users. This division of E Bay, however, has not lived up to investors expectations, so E Bay will have to take a pretty strong hit ….. $1.4 Billion to be exact. Investors reacted to this news positively today, and the stock is up $0.63 today and is up over thirty two percent for the year. Hopefully for E Bay, this decision will help them to exceed even their nice gains.