Closing Bell: PayPal Gains, Pfizer Tumbles, Comcast Rises
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.On this episode of Stock Movers:- PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and should be approved given the favorable regulatory environment, according to some analysts. However, the timeline is uncertain and it could take some years, they said.- Pfizer (PFE) forecast little…
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