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Investor's Business Daily

Investor's Business Daily

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Business & Economics

PayPal Downgraded As New CEO Faces Apple, Square Competition

Investor's Business Daily
Summary
Nutrition label

87% Informative

Alex Chriss , formerly president and general manager of Intuit 's small business and self-employed group, will take over as PayPal CEO on Sept. 27 .

Chriss replaces Dan Schulman , who will continue to serve on PayPal board of directors through May 2024 .

On the stock market today , PYPL stock fell 1.3% to 63.35 in early trading.

VR Score

91

Informative language

93

Neutral language

50

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links