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EBay (EBAY) stock was up 5% in afternoon trading in the stock market today following a report on tech news website The Information that the company could spin off its lucrative PayPal payments unit as early as next year. “EBay has been telling potential recruits for the position of PayPal president that it’s considering spinning off the payments business as soon as next year, according to two people briefed on the conversations,” The Information Scalper1 News
Scalper1 News