PayPal (PYPL) disclosed in a regulatory filing that “In November 2023, we received a subpoena from the U.S. SEC Division of Enforcement relating to PayPal USD stablecoin. The subpoena requested the production of documents. In February 2025, the SEC communicated it was closing this inquiry without enforcement action.”
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Read More on PYPL:
- PayPal price target lowered to $88 from $104 at RBC Capital
- PayPal price target lowered to $75 from $88 at UBS
- PayPal price target raised to $79 from $78 at Baird
- PayPal price target lowered to $79 from $83 at BMO Capital
- Cautious Optimism: Rufus Hone’s Hold Rating on PayPal Amid Robust Q1 2025 Results and Future Growth Uncertainties
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