Market Overview

eBay Inc-PayPal Split: What The Market Thinks

eBay Inc-PayPal Split: What The Market Thinks
Related EBAY
Benzinga's Top Upgrades, Downgrades For January 12, 2018
Cowen Turns Bullish On PayPal, Says 'Better Later Than Never'

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.

Posted-In: PayPal Spinoff PayPal split PayPay social media curationAnalyst Color Crowdsourcing General


Related Articles (EBAY)

View Comments and Join the Discussion!