eBay (EBAY) acquired online payments company Braintree for $800 million. This could prove to be huge for eBay in the long run. Remember when they acquired PayPal back in 2002? Here are the 5 things investors and traders are watching on the StockTwits eBay Stream.
1.) eBay should be able to hit a key goal now. They expect to enable $300 billion in global commerce by 2015:
2.) From a technical standpoint, this price level looks like it could be the next resistance before eBay moves higher:
3.) eBay’s PayPal is slowly reassuring itself as one of the leaders in online payments:
4.) This might be the most significant comment we saw. And yes, we bookmarked it in case eBay’s stock price starts running higher over the next few months:
5.) This acquisition by eBay might inspire more public companies to start acquiring growth and new services at earlier stages: