Long Term Returns of Paul Singer’s 5 Activist Targets

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1. PayPal Holdings, Inc. (NASDAQ:PYPL

Activist Investment: 2022
Long-Term Returns Since Singer’s Investment: -12%
S&P 500 Gain Since Singer’s Investment: 18%

PayPal Holdings, Inc. (NASDAQ:PYPL) operates a technology platform that enables digital payments for merchants and consumers. It provides financial solutions under PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names.

The activist investor confirmed a stake in the payment technology company in 2022. He also started discussing an agreement that would see him have a hand in determining the company’s future direction. Talks between the activist investor and were amicable.

Elliott Management also started pushing PayPal Holdings, Inc. (NASDAQ:PYPL) to speed up the cost reduction efforts when it was facing supply chain disruptions and once-in-a-generation inflation levels that had hindered e-commerce.

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