NEW YORK ( TheStreet) -- The market suffered a late selloff Wednesday that erased gains earlier in the trading session.
The Dow Jones Industrial Average lost 92.12, or 0.92%, to 10,041.48, while the S&P 500 dropped 6.85, or 0.62%, to 1,091.06. The Nasdaq fell 12.85, or 0.59%, to 2,163.47.
Melissa Lee, the moderator of CNBC's "Fast Money" TV show, said eBay (EBAY) was falling in afterhours trading by as much as 6% on a troublesome guidance.
Pete Najarian said the decline had something to not only with the outlook but also the high expectations for the stock going into earnings and the recent runup.Guy Adami said he would wait for a pullback and buy the stock at $20.75. For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."
3 Stocks I Saw on TV