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PayPal shares plunge after CEO announcement, profit miss

PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss, whose turnaround plan failed to meet targets and streamline the sprawling payments business.

By Paige Smith, Bloomberg
PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss, whose turnaround plan failed to meet targets and streamline the sprawling payments business.
The shares tumbled … [3885 chars]

Source: The Mercury News | Published: 2026-02-03T17:43:11Z

Credit: The Mercury News

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