PayPal (PYPL) option implied volatility at low end of range

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PayPal (PYPL) Shares Rise Following Morgan Stanley Conference with CEO, 'continue to see PayPal growing in excess of underlying ecommerce'

March 9, 2023 10:44 AM EST

Morgan Stanley analyst James Faucette reiterated an Overweight rating and $133.00 price target on PayPal (NASDAQ: PYPL)

The analyst comments "Outperformance on cost savings support bottom-line: Schulman reiterated that PayPal is ahead of plan on cost savings initiatives, which stand at $1.9B in... More

PayPal (PYPL) instructs agent to sell Dublin HQ

March 8, 2023 2:22 PM EST

The Irish Times reported Wednesday that the online payment platform, PayPal (NASDAQ: PYPL) has instructed agent CBRE to find a buyer for its main office campus in Blanchardstown, Dublin 15. The announcement comes just one week after the company announced its intention to seek 62 redundancies from its Irish business and the reorganization of its operations due to increased levels of remote working.

The Campus at Ballycoolin Business Park is being offered at a guide price of 26 million. The property extends across a total area of 20.7 acres, and consists of... More