paypal-is-being-targeted-by-activist-elliott-here’s-why.

PayPal Is Being Targeted by Activist Elliott. Here’s Why.

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/paypal-stock-price-activist-elliott-stake-51658906075


  • Order Reprints

  • Print Article

Payments giant


PayPal


finally has attracted an activist.



PayPal


(ticker: PYPL) had been a pandemic-darling as households increasingly shopped online but shares have slid more than 60% this year as people returned to their prepandemic spending habits. Earlier this year, the company cut its 2022 earnings forecast, which led to the company’s worst one-day selloff in its history as a publicly traded company.