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Tim Fries

PayPal Shares Drop Over 16% After Q4 Miss, Weak 2026 EPS Guidance and CEO Change

On February 3, 2026, PayPal shares fell more than 16% in premarket trading after the company reported fourth-quarter earnings and revenue that missed Wall Street forecasts and issued a downbeat 2026 profit outlook. The firm also said Enrique Lores will take over as CEO on March 1, 2026, as it struggles with slowing branded checkout growth, higher expenses and intensifying competition from major technology companies.
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