PayPal Poaches HP’s CEO in Rare Tech Leadership Raid – What HP Knows That We Don’t
Quick Read PayPal (PYPL) poached HP (HPQ) CEO Enrique Lores after he delivered six consecutive quarters of revenue growth. HP stock dropped 36% over the past year despite Lores beating Q4 revenue estimates at $14.64B. PayPal stock fell 41% despite consistently beating earnings estimates. Branded checkout execution remained weak. Investors rethink 'hands off' investing and decide to start making real money PayPal Holdings (NASDAQ:PYPL) just did something nearly unheard of in Silicon Valley: it poa ...