PayPal is becoming a publicly traded company this Monday

PayPal is becoming a publicly traded company this Monday

We were aware that eBay and Paypal are going to split sometime in the future but now that is actually happening. eBay and PayPal were separated into two disparate companies as of today, thus the payment service company is going to get its own stock and is going to start trading on the New York Stock Exchange this Monday. According to Business Insider the separation doesn’t look so good for the auction site. Business Insider claims that  PayPal is the main reason for ”many” of eBay’s gains for the past three years, and “nearly all” of the gains for 2015.

The only thing we can do is wait and see how both companies will react to the separation, and whether the separation will benefit both of them.

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