PayPal started trading on the Nasdaq this morning at $40.65 per share.
As an independently traded company, Paypal is already valued at roughly $50 billion. Compare that with eBay’s market cap of about $33.64 billion. Plus, after spinning off PayPal, eBay’s stock is down, trading at $27.61.
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Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
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This is PayPal’s second stint as a publicly traded company. It first debuted under the ticker symbol PYPL in 2002. Shortly thereafter it was acquired by eBay… READ MORE
VB Venture Beat , by Ruth Reader
