PYPL dropped 42%. New CEO is from HP (printers). Cut 20% staff. Carved out Venmo. WSB up 523%.
$PYPL
AI SUMMARY โ PayPal (PYPL) has experienced a significant 42% decline following leadership changes (new CEO from HP), a 20% workforce reduction, and the separation of Venmo as an independent entity. The stock volatility has generated substantial speculative trading activity on Wall Street Bets, though the fundamental challenges around restructuring and new management execution present considerable risks.
| TICKER | PYPL |
USER | u/Current_Ad9515 |
| RATING |
BEARISH |
ENTRY |
$46.32
|
| POSITION |
215 sh
SYN
|
BOOK VAL |
$9959.44 |
| CURRENT |
$61.72 |
P&L % |
+33.24%
|
| CURR VAL |
$13269.80 |
P&L $ |
+3310.36
|