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 on Friday.
eBay gapped open sharply higher Thursday and posted gains in early trade, before settling into a range. The stock ended the day higher by 2.15 at $65.59, with volume at a 9-month high. eBay rose above a month and a half long range and set a new high for the year.
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