Reported 2 days ago
Wedgewood Partners, in its Q1 2025 investor letter, discussed its ongoing investment in PayPal Holdings (PYPL), despite the stock's disappointing performance. PayPal's branded checkout and payment volumes showed growth, prompting the company to authorize nearly $20 billion in share repurchases. Despite recent challenges, Wedgewood continues to prioritize PayPal in its portfolios, emphasizing its potential for recovery.
Source: YAHOO