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, Dan Nathan said that
eBayEBAY traded higher on
Friday on a rumor that Google GOOG GOOGL might be interested in purchasing the company.
eBay denied the rumor and the stock pulled back a bit. It managed to close the session 2.98% higher but without much action until the end of the day. Nathan decided to buy the stock because he believes that other tech companies might be interested in buying
eBay. He named
MicrosoftMSFT,
FacebookFB and
Yahoo!YHOO as a possible candidates.
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