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EBay, PayPal Face Threat From Apple Pay: Piper – Investor’s Business Daily

EBay, PayPal Face Threat From Apple Pay: Piper
Investor’s Business Daily
EBay stock was down 2.5% in morning trading in the stock market today, near 51.50, after a downgrade and price cut by Piper Jaffray. This comes a day after Apple (NASDAQ:AAPL) announced a new payments platform that will compete with eBay's PayPal, …

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