Leadership Shakeup and Weak Forecasts Send PayPal Shares Plunging
04.02.2026 - 03:52:05
Investors delivered a harsh verdict on PayPal Holdings Inc., with the company’s stock plummeting to a new annual low following a one-two punch of disappointing financial results and a sudden change in leadership. The dual announcements have cast serious doubt on the payment giant’s near-term trajectory and strategic direction.
The company’s operational update provided little comfort to the market. For the critical holiday quarter, PayPal’s financial metrics missed analyst targets. Revenue came in at $8.68 billion, while earnings per share were reported at $1.23, both figures failing to meet Wall Street’s forecasts.
The outlook for the coming year compounded the concern. Instead of projecting the Read more...
