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PayPal Holdings Inc. shares PYPL, +3.97% are up 4% in afternoon trading Monday after a report highlighted the company’s hire of an executive to lead its consumer-investing efforts. The CNBC report pointed to the LinkedIn profile of Rich Hagen, a former Ally Invest president who now lists himself as the chief executive of “Invest at PayPal” responsible for “[l]eading PayPal’s efforts to explore opportunities in the consumer investment business.
...read full article on Market Watch
