In this video from Thursday's Investor Beat, host Chris Hill and Motley Fool analysts David Hanson and Taylor Muckerman dig into the biggest stories for Foolish investors from the market today.
eBay (EBAY +0.91%) reported its quarterly numbers today, with fourth-quarter revenue up 13%. This news, however, was overshadowed by well-known billionaire activist investor Carl Icahn, who owns a 0.82% stake in eBay, who publicly demanded that the company spin off its PayPal business in order to create value for shareholders. In the lead story in today's Investor Beat, the guys discuss Icahn's motivations here, why eBay turned him down, and whether or not spinning off PayPal would actually make sense today.
