PayPal shares rally following spinoff from eBay – MarketWatch

PayPal shares rally following spinoff from eBayMarketWatchPayPal Holdings Inc. PYPL, +7.18% climbed on its first day of trading after its spinoff from e-commerce giant eBay Inc. EBAY, +4.05% with analysts generally upbeat on the company. PayPal was started at overweight with a $48 price target at J.P. Morgan … More: continued …

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Now officially split from eBay, PayPal moves on to Nasdaq – ZDNet

Telegraph.co.uk Now officially split from eBay, PayPal moves on to NasdaqZDNetEBay confirmed plans to spin of its mobile payments subsidiary into a separate publicly traded company last September following months of speculation — much of which came as a result of some very public criticism from shareholder and prominent …PayPal …

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