eBay Inc. (EBAY) reported second quarter adjusted income from continuing operations of $0.76 per share Thursday morning, compared to $0.70 per share last year. eBay will split off PayPal as a separately traded company tomorrow.
eBay gapped up sharply Thursday morning and is currently higher by 2.99 at $66.43. The stock has risen past the upper end of a month and a half long trading range and has set a new high for the year.
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