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EBay (EBAY) stock was up 1% in early trading in the stock market today, near 55, a day after the payment and e-commerce giant disclosed that activist investor Carl Icahn had taken a 0.82% stake in the company and proposed that it spin off PayPal. EBay’s board rejected that idea, but Icahn also nominated two of his employees for seats on eBay’s board. The company late Wednesday also reported mixed Q4 results and gave a Q1 outlook below Wall Street Scalper1 News
Scalper1 News