PayPal spinoff seen critical for eBay amid e-commerce weakness

By Abhirup Roy (Reuters) – A recovery in eBay Inc's core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its full-year revenue forecast. The stock fell as much as 7.8 percent to $46.34 on Thursday, its lowest in two years. At least 16 brokerages cut their price …

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