Is it time to buy PayPal? Paul Meeks certainly thinks so, after a 'nice positive surprise' from the company and a top investment firm revealed a stake.
It has been a good month for PayPal . The financial services firm reported stronger-than-expected second-quarter results and a renowned fund management firm revealed a stake in the company. Top tech investor Paul Meeks shares why he thinks the stock is a buying opportunity. "PayPal unfortunately suffers from what I call self-inflicted wounds. They have given guidance, quarter by quarter, over the last few years and missed their own guidance miserably.
Musk had a brief stint as CEO of the merged company between April 2000 and October 2000. PayPal was acquired by e-commerce giant eBay in 2002 for $1.5 billion, before being spun off as a separate entity in 2015.
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