The Alchemy of PayPal’s Ascent: A Tale of Two Announcements

The first came on a Monday, when PayPal’s executives, like priests unveiling a relic, announced a 5% cash-back benediction for users of their buy-now-pay-later service. It was a gesture as timed as the monsoon rains-generous enough to stir the soul, fleeting enough to seem urgent. By Thursday night, the stock had swelled by 9%, its digits blooming like marigolds in a desert, according to the meticulous scrolls of S&P Global Market Intelligence.





