Jun. 15 at 6:43 AM
$PYPL M. Burry 12 Jun “Management turnover is hurting the stock as well. Has to look attractive to both PE firms and strategic acquirers,” he wrote, according to Seeking Alpha.
That is not a growth thesis. Burry is not predicting PayPal will outcompete Apple Pay, Block, or Stripe. He is saying the stock has been pushed low enough that private equity firms and strategic acquirers would find it attractive.