EBay Falls After PayPal President Quits For Facebook

By | June 10, 2014

Scalper1 News

EBay (EBAY) stock fell Tuesday after the company revealed last Monday that PayPal President David Marcus is leaving to lead Facebook’s messaging business. Facebook stock rose. EBay CEO John Donahoe said in a blog post that Marcus is leaving at the end of June to lead Facebook’s (FB) booming messaging products business. Donahoe said PayPal’s leadership team will report to him until a replacement for Marcus is named. Marcus’ departure comes two Scalper1 News

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