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eBay: How Long Will It Take For Carl Icahn To Go Away?

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Michelle deBoer-Jones
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Shares of eBay Inc (NASDAQ:EBAY) have been reacting positively to news that Carl Icahn had acquired a significant stake in the company. However, Bernstein analysts believe investors are reacting to the possibility of an increased share buyback and other steps rather than the fact of Icahn's involvement. They consider what it will take for Icahn to just "go away" in their latest report.

eBay: How Long Will It Take For Carl Icahn To Go Away?

Downside for eBay limited

Analysts Carlos Kirjner and Peter Paskhaver say eBay Inc (NASDAQ:EBAY) may...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.