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PayPal starts trading above $40 and its already worth billions more than eBay

PayPal starts trading above $40 and its already worth billions more than eBay

By Venturebeat
On July 20, 2015July 20, 2015
0

PayPal started trading on the Nasdaq this morning at $40.65 per share.

Already, PayPal as an independently traded company is valued at roughly $50 billion. Compare that with eBay’s market cap of about $33.64 billion. After spinning off PayPal, eBay’s stock is down, trading at $27.61.

eBay featured Paypal share trading

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LA unveils new street lights from Philips that will boost wireless connectivity
High-end HTC One X9 allegedly leaks out: Quad HD screen, BoomSound speakers, 4GB of RAM, and more
Facebook: ‘The goal of Messenger is to be a platform, not one app that does it all’

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