But it hasn't been enough to boost Venmo owner PayPal as of late. The digital payments giant is one of the worst performing stocks in the S&P 500 this year. Making matters worse for PayPal is the fact that Rainey is planning to soon leave the company after seven years there. Dorsey used to be CEO of both companies and some believe that a distracted Dorsey was good for PayPal. The question is whether PayPal investors, which have firmly put the stock in Wall Street's penalty box, would approve.

Source: CNN April 27, 2022 23:23 UTC