PayPal performing 'strongly' despite government shutdown: CEO

PayPal performing 'strongly' despite government shutdown: CEO

6 years ago
Anonymous $Dftgs0JzgE

https://finance.yahoo.com/news/pay-pal-performing-strongly-despite-government-shutdown-ceo-190359828.html

DAL) CEO Ed Bastian said this week the shutdown will cost his company $25 million in sales this month as fewer government contractors and employees are traveling. Meanwhile, tech companies such as IBM (IBM) could be hit in the first quarter if the shutdown prevents companies from ordering new equipment." data-reactid="18">Delta Air Lines (DAL) CEO Ed Bastian said this week the shutdown will cost his company $25 million in sales this month as fewer government contractors and employees are traveling. Meanwhile, tech companies such as IBM (IBM) could be hit in the first quarter if the shutdown prevents companies from ordering new equipment.

While PayPal and many others have been unscathed by the shutdown so far, that doesn’t mean they will be completely immune.