PayPal vs eBay: How are the stocks performing?

eBay and PayPal parted company on the 17th July. That means that they have been operating seperately for nearly a month now.

So what’s going on? See below the stock price graphs for the two firms. What are the key trends?

Firstly, PayPal continues to have a significantly greater market capitalisation than eBay, as expected. The cliff on the eBay price represents the split and since then the stock has remained notably static.

ebay chart

Unsurprisingly, PayPal’s graph is a bit more interesting. But reports of a runaway price haven’t come true. It’s doing well but remains remarkably close to the split price and is not showing an explosive increase some predicted.

Admittedly we’re in a quiet summer time for business so we will see what happens but this looks like a holding pattern that will continue until the Q3 results are reported in October.

paypal chart