SKN | PayPal Jumps 5.7% on Takeover Talk and CEO Shift: Tactical Bounce or Strategic Turning Point?
Stock Analysis PayPal Holdings closed sharply higher on February 23, rising 5.73% to $44.03 after reports of potential takeover interest and leadership adjustments under its CEO transition. The move came despite broader financial sector softness, signaling stock-specific catalysts rather than sector-wide strength. Short-Term Catalyst: Takeover Speculation and Sentiment Shift The intraday surge followed reports suggesting potential […]