EBay Inc. Signage Stands at the Company Headquarters in San Jose

EBay Inc. Signage Stands at the Company Headquarters in San Jose

David Paul Morris/Bloomberg

EBay has slumped 2.2 percent since the company announced Jan. 22 that Icahn, who has built up a 0.82 percent stake, proposed splitting off its PayPal online payments unit and is nominating two of his employees to join the board.