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Technology Stocks : eBay - Superb Internet Business Model
EBAY 99.560.0%3:59 PM EDT
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From: Sr K10/14/2017 2:46:34 PM
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Glenn Petersen

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WSJ page 1 today:

PayPal’s Market Value Eclipses AmEx, Nears Morgan Stanley, Goldman

Mobile-payments company’s shares surge as market capitalization climbs to about $83 billion

By Peter Rudegeair

Oct. 14, 2017 9:00 a.m. ET

PayPal Holdings Inc. vaulted over American Express Co. in terms of market value this week, punctuating a rally that has pushed up the payments company’s shares by nearly 75% since the start of 2017.

The San Jose, Calif.-based company has enjoyed breakneck growth in both e-commerce and mobile money transfers. Its market capitalization stands at about $83 billion, nearly double the $47 billion value it had when it spun off from eBay Inc. a little over two years ago.

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