PayPal Holdings, headquartered in San Jose, California, employs 27,200 people and provides digital payment solutions for merchants and consumers via its platform, boasting 426 million active accounts globally. The company, which went public in 2015, operates brands like PayPal, Venmo, and Braintree, facilitating transactions through various funding sources.
PYPL has been in the news recently: David Sacks of PayPal Holdings Inc. is considering leaving California due to a proposed "Billionaire Tax" aimed at wealthy individuals. Additionally, financial analysts are expressing bearish sentiment towards PayPal, with 30 unusual trades noted in the company's options history.
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