Nearly two years of gains have been wiped from PayPal Holdings’ market value since the payments company reported a disappointing fourth quarter with cringe-inducing guidance after the market closed Feb. 1. Three insiders, including PayPal’s top executive, stepped up and bought $2.5 million of shares. Barron’s noted that PayPal “undermined its credibility” with its fourth-quarter report, which was mixed, and guidance, which was a surprise to the downside. Read More...
Nearly two years of gains have been wiped from PayPal Holdings’ market value since the payments company reported a disappointing fourth quarter with cringe-inducing guidance after the market closed Feb. 1. Three insiders, including PayPal’s top executive, stepped up and bought $2.5 million of shares. Barron’s noted that PayPal “undermined its credibility” with its fourth-quarter report, which was mixed, and guidance, which was a surprise to the downside.
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