PYPL Stock News (
Deadline December 5, 2022, Learn More 👉 https://tinyurl.com/NASDAQ-PYPL
PYPL Stock News (#PYPL) PYPL Stock News Alert | INVESTOR ALERT PayPal Holdings Inc $PYPL
PYPL Stock News and PYPL Stock News Alert
The Truth Emerges
Analyst Andrew Bauch - SMBC Nikko Securities America, Inc - Report “Time to Face the Music”
Unbeknownst to investors
“The most troubling metric for bullish investors to digest was undoubtedly around NNAs (net new actives)” and that “management validated our belief that aspirations for 750mm active accounts by 2025 (outlined in February 2021) was inappropriate, which we suspect is the first domino to fall in a gradual lowering of all medium term expectations.”
Investors, did you purchase PayPal common stock between February 3, 2021, and February 1, 2022?
Defendants made false statements and/or concealed that:
(1) Defendants had inflated its vitally important NNA metric guidance through an usually large use of marketing campaigns that were easily susceptible to fraud; i.e. the creation of millions of illegitimate accounts which were created for the sole purpose of taking advantage of cash incentives for account creation;
(2) Defendants used these marketing campaigns and other incentives to hide the Company’s true churn rate and declining levels of engagement with the platform;
(3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and /or lacked a reasonable basis at all relevant times.
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PYPL Stock News and PYPL Stock News Alert
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