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PayPal's New Strategy: Can It Rebound?
Description
PayPals New CEO Enrique Lores is shaking things up, splitting the company into three units to push consumer finance and capitalize on a two hundred billion dollar opportunity. Despite a dip in stock price upon his hire, the companys fourth-quarter numbers show strength, with eleven percent volume growth and seven percent revenue climb. However, guidance points to drops in margins and earnings this year, and competition is fierce. PayPals brand and tech edge position it for a rebound, making it a stock to watch closely.
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