3rdPartyFeeds

PayPal stock rockets after earnings as Elliott investment, cost cuts soothe concerns

After seeing its shares lose roughly two thirds of their value over the past year, PayPal Holdings Inc. delivered a packed earnings report for its second quarter, announcing a new chief financial officer, buyback authorization, and cost-savings program, while also confirming that activists at Elliott Management have taken a stake in the company. Read More...

After seeing its shares lose roughly two thirds of their value over the past year, PayPal Holdings Inc. delivered a packed earnings report for its second quarter, announcing a new chief financial officer, buyback authorization, and cost-savings program, while also confirming that activists at Elliott Management have taken a stake in the company.

Read More

Add Comment

Click here to post a comment