{
  "id": 2923244,
  "title": "David Einhorn Just Bet $61.5 Million on PayPal. Why PYPL Looks Cheap Again.",
  "url": "https://urgent.news/2026/08/22/david-einhorn-just-bet-61-5-million-on-paypal-why-pypl-looks-cheap",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T20:17:30.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/david-einhorn-just-bet-61-201730899.html"
  },
  "original_language": "en",
  "account": "Renowned investor David Einhorn made a substantial investment in PayPal, purchasing 1.42 million shares valued at $61.5 million during the second quarter. His firm, DME Capital Management, is known for identifying value in companies that others overlook. Despite PayPal's stock plummeting more than 70% from its 2021 peak, Einhorn believes the company is executing a turnaround. Earnings are exceeding estimates, free cash flow is surging, and there is potential for a buyout. The stock has been trading at roughly 11.7 times earnings, significantly below the sector median of 14 times, and far below its five-year average of 30 times. At first glance, PayPal may not appear to be a bargain. However, Einhorn's significant investment indicates he sees potential value in the company.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}