PayPal Stock Pops After Hours: Here's Why
I'm PortAI, I can summarize articles.
PayPal shares rose in after-hours trading following the company's announcement of applications to establish PayPal Bank. The bank aims to provide efficient business lending solutions to small businesses in the U.S. and offer interest-bearing savings accounts. If approved, PayPal Bank will seek FDIC insurance for customer deposits and direct membership with card networks. Mara McNeill is appointed as the bank's president. PayPal shares increased by 1.33% to $61.55.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments