Massive News for PayPal Stock Investors

By Parkev Tatevosian, CFA – Aug 16, 2023 at 3:30AM

NASDAQ: PYPL

PayPal

Market Cap

$67B

Today's Change

(-2.36%) -$1.52

Current Price

$62.93

Price as of May 10, 2024, 4:00 p.m. ET

After a lengthy search, PayPal has found a new CEO.

Fool.com contributor Parkev Tatevosian evaluates PayPal's (PYPL -2.36%) recent hiring and what it could mean for investors.

*Stock prices used were the afternoon prices of Aug. 14, 2023. The video was published on Aug. 15, 2023.

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short September 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.