HomeNews listOBJECTIVE PRESSEarnings Results: PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat

Earnings Results: PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat

  • August 2, 2022
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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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.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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