Fool.com contributor Parkev Tatevosian discusses why this cost-cutting move by PayPal (PYPL 1.82%) management is a good decision for shareholders.
*Stock prices used were the afternoon prices of Feb. 2, 2024. The video was published on Feb. 4, 2024.
Huge News for PayPal Stock Investors
PayPal is on my list of top stocks to buy, and this move makes it even more attractive.
By Parkev Tatevosian, CFA – Feb 5, 2024 at 9:31AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.