eBay slumps following CEO Devin Wenig's resignation and a continued review of company assets

eBay shares slipped as much as 3% on Wednesday after CEO Devin Wenig announced his surprise departure. The e-commerce company will appoint chief financial officer Scott Schenkel as interim CEO while it searches for a new chief executive. Wenig's announcement marks the second major CEO departure of the day, with Juul CEO Kevin Burns saying he will resign earlier Wednesday.

eBay shares slipped as much as 3% on Wednesday after CEO Devin Wenig announced his surprise departure. The e-commerce company will appoint chief financial officer Scott Schenkel as interim CEO while it searches for a new chief executive. Wenig's announcement marks the second major CEO departure of the day, with Juul CEO Kevin Burns saying he will resign earlier Wednesday.

So is it time for me to move all my listings to Amazon. I hope not.

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Source: CNBC - 🏆 12. / 72 Read more »

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