eBay Stock Soars on Rumors of Possible PayPal Spinoff – Zacks.com

eBay Stock Soars on Rumors of Possible PayPal Spinoff
Zacks.com
eBay Inc. (EBAY – Analyst Report) stock is almost up 5% following a report stating that the company could spin off its cash cow PayPal payments units as early as next year. The stock is currently trading at $55.89 per share and up about 4.63% for the day.

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