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Benzinga
Benzinga
Business
Henry Khederian

REVEALED: Here s why paypal shares are falling | Vintage Vibes

PayPal John Rainey Nasdaq PayPal Holdings Inc

PayPal Holdings Inc (NASDAQ:PYPL) shares are trading lower by 3.91% at $104.02 during Wednesday's pre-market session after the company announced the departure of CFO John Rainey.

The company says, after almost seven years at PayPal, Rainey is leaving the company to join Walmart Inc. as its CFO. To support an orderly transition, Rainey will remain at PayPal until late May.

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