PayPal plunges to 8-year low as CEO is dumped on feeble performance
One-time payments darling PayPal (PYPL) saw its stock tumble to an 8-year low after the company announced the shock departure of CEO Alex Chriss. Chriss, who served roughly two and a half years in the top job, was shown the door. This decision came amid growing concerns about execution, slowing growth, and intensifying competition in … Continue reading PayPal plunges to 8-year low as CEO is dumped on feeble performance
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