3 days ago
PayPal (PYPL) Stock Plunges 9% as CEO Announces $1.5B Cost Reduction Initiative
PayPal (PYPL) stock sank 9% after Q1 earnings. New CEO Enrique Lores announced a $1.5B cost-cutting initiative and provided soft Q2 guidance for investors.
The post PayPal (PYPL) Stock Plunges 9% as CEO Announces $1.5B Cost Reduction Initiative appeared first on Blockonomi.
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