As Icahn Makes Personal Attacks, eBay Stock Price Rises

If activist investors do one thing well, it's use hyperbole to talk up the price of a stock.

Activist investor Carl Icahn, who owns less than 1% of eBay Inc (NASDAQ:EBAY), is perhaps a master of the craft.  In calling eBay’s board of director’s “dysfunctional,” and saying “it’s time to end the charade,” Icahn continues to build drama as the stock price continues to climb.  Roughly six months ago eBay was trading at nearly $50 per share, today it is near $57, up nearly 1.67 percent on the day alone.

ValueWalk has been documenting the activist investor’s moves with eBay Inc (NASDAQ:EBAY) since he started to launch into a high profile crusade to spin off PayPal...