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Wedgewood Cuts PayPal After Volume Slowdown, Leans on Alphabet’s Google Growth
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Wedgewood Cuts PayPal After Volume Slowdown, Leans on Alphabet’s Google Growth
NEW YORK, Jan 20, 2026, 10:41 EST Wedgewood Partners cut back its stake in PayPal during the fourth quarter, citing a slowdown in transaction volumes late in the period and increased spending that might weigh on profit growth. PayPal shares slipped roughly 2.3%, while Alphabet dropped about 1.7% in morning trading Tuesday. (Finviz) The move offers a glimpse into how stock pickers are staying selective in a market that continues to favor anything…
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