Stock for EBay Inc. is rising after an announcement that it will shift its payments business from PayPal Holdings Inc. to Adyen BV. Gil Luria, Institutional Research Director for D.A. Davidson, discusses the impact of the change in “EBay Rises to Record High on Shift to Adyen; PayPal Tumbles,” a Bloomberg article by Spencer Soper and Julie Verhage.
Read the full article here.