Should John Donahoe’s Picture Be On the Wall Street "Wall of Shame"?
How does the "street" feel about John Donahoe? With Donahoe’s inception to the thrown of eBay last year, the stock prices have fallen over 40%. While at the same time the S&P averages is down only about 29% and Amazon is up over 20%
We pretty much know that the average seller wants his head on a platter with a side of fries. But what about stock holders? Do they really like the job he has done? Ultimately the CEO is beholden to the stock holders and NOT the platform users.
Listening to this Mad Money take on the stock is interesting, BUT I am still on the fence about what he has to say here.
Related posts:
Advertisement
Cramer clearly does not use ebay.
I don’t think the industry takes Jim Cramer very seriously anymore. I wouldn’t buy Ebay stock even if I thought he might be right.
What about stockholders? I don't see Ebay stock being all that great….in fact, I don't see what wall street sees in this company. What it has LOST in revenues over the past two years should be a clue to what it will be worth in the future. You can't spread this much bad kharma and ever come out a success!