PYPL Stock Dips 20%: What Does New CEO Lores Mean for Investors?

TLDR PayPal’s stock fell by 20.31% to $41.70, reaching a near 52-week low following a leadership change and earnings miss. Enrique Lores, former HP executive, was appointed as PayPal’s new CEO, replacing the previous leadership team. The company’s profit miss raised concerns about its near-term growth prospects under the new CEO’s leadership. PayPal’s strong free [...]

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