Investors Flee eBay for PayPal $EBAY $PYPL

Obviously I have no actual proof that people are selling eBay to buy PayPal, just play along with me here. Thanks.

eBay reported absolutely no revenue growth over the holiday. NONE! They had their assess handed to them by Amazon as well as a bunch of the other retail giants. Hard to compete with the likes of Target’s CYBER WEEK! The company reported revenue of $2.32B…flat on the year. Net Income fell from $0.82/share to $0.39/share…yea…. $EBAY is down as such as 9.60% in after hours trading. Fun stuff.

But hey on the bright side PayPal is kicking ass. PayPal $PYPL reported revenue growth of 15%, and 19% on an FX-neutral non-GAAP pro forma basis (foreign junk).

PayPal $PYPL is up as much as 5.25% in after hours trading.

For the full report and numbers and such for PayPal..go here.

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