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eBay Inc-PayPal Split: What The Market Thinks

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eBay Inc-PayPal Split: What The Market Thinks

On Tuesday morning, eBay Inc (NASDAQ: EBAY) announced it will separate PayPal from the company next year.

Shares of eBay opened more than 7 percent higher, making millions for prominent shareholders like Carl Icahn, Yacktman Asset Management and Fir Tree Partners.

The split is expected to come in the second half of 2015, which both sides say will stimulate shareholder value.

So, what are traders and pundits saying about the news on social media?

Many discussed Icahn:

Josh Brown made a great point about Apple:

And some talked about eBay post-split:

Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.

 

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