PayPal Holdings Inc. Chief Executive Dan Schulman just did something "unusual" for a departing executive.
PayPal Holdings Inc. Chief Executive Dan Schulman just did something “unusual” for a departing executive.
... PayPal Holdings Inc. Chief Executive Dan Schulman just did something “unusual” for a departing executive. PayPal has seen a rough stretch in the past year or so, as the one-time pandemic darling has had to adjust to a more normalized growth trajectory for e-commerce spending as well as what some analysts see as a heightened competitive landscape. Shares of PayPal have slid 60% since the start of 2022, while the S&P 500 SPX has lost about 14% over the same span.
He added that Schulman hasn’t sold PayPal shares since December 2021 “and since then his equity exposure has not only increased due to his buying but also as the result of him retaining significant stock awards that vested over the past year.”See also: This Facebook executive’s $4 million stock sale could be another sign of Meta’s rebound
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