Paypal shares down 25 per cent as 4.5m illegitimate accounts shut down
Published
Paypal has closed 4.5m illegitimate accounts and lowered its new customer forecast causing shares to lose a quarter of their value overnight.
Full ArticlePublished
Paypal has closed 4.5m illegitimate accounts and lowered its new customer forecast causing shares to lose a quarter of their value overnight.
Full ArticleDiscussing Q4 earnings with analysts, PayPal CFO John Rainey disclosed that 4.5 million accounts had been shut down after “bad..
PayPal shares fall by 25 per cent as it closed millions of accounts and lowered its forecast for new customers after finding “bad..