Published:
PayPal’s stock just staged one of its worst daily drops on record, and that sends a message about the tough road ahead for incoming CEO Enrique Lores.
The company has struggled to adapt to changes in the payment-technology landscape, especially as rivals like Apple
AAPL have gained ground. Analysts don’t exactly seem convinced that new leadership can get PayPal PYPL on a meaningfully better path.
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Is PayPal bound for a breakup? Why the company’s problems seem so hard to fix.
Published:
PayPal’s stock just staged one of its worst daily drops on record, and that sends a message about the tough road ahead for incoming CEO Enrique Lores.
The company has struggled to adapt to changes in the payment-technology landscape, especially as rivals like Apple
AAPL have gained ground. Analysts don’t exactly seem convinced that new leadership can get PayPal PYPL on a meaningfully better path.
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