Altimeter Capital Is Betting Big on PayPal (PYPL) Stock

When big-named investors make their positions public, the investing public tends to take notice. That certainly appears to be the case today with PayPal (NASDAQ:PYPL), as Altimeter Capital’s Brad Gerstner announced a position in the fintech giant via a post on X (formerly Twitter). Shares of PYPL stock have moved slightly lower in today’s market, and this fintech company does lag the overall Nasdaq at the time of writing.Gerstner is a notable investor in other major tech companies and has been very right on ...