PayPal Holdings, Inc. (NASDAQ:PYPL) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.48% to $41.25. Bronstein, Gewirtz& Grossman, LLC notifies investors that a class action lawsuit has been filed against PayPal Holdings, Inc. (NASDAQ:PYPL), eBay, Inc. (NASDAQ: EBAY), and certain of its officers, and is on behalf of a class consisting of all persons or entities who: (1) purchased or otherwise acquired eBay securities on the open market on or after December 19, 2013 and subsequently received PayPal securities pursuant to eBay’s spin-off of PayPal, effective as of July 17, 2015; and/or (2) purchased or otherwise acquired PayPal securities on the open market between July 20, 2015 and April 28, 2016, both dates inclusive.
PayPal, spun off from eBay in July 2015, is an American technology platform company running a worldwide online payments system that enables digital and mobile payments on behalf of consumers and merchants. Between 2002 and 2015, PayPal functioned as a subsidiary of eBay. eBay is an American multinational corporation and e-commerce company offering consumer-to-consumer and business-to-consumer payment solutions online. The share price of PYPL attracts active investors, as stock price of week volatility recorded 2.10%. The stock is going forward to its 52-week low with 35.16% and lagging behind from its 52-week high price with -7.35%.
AK Steel Holding Corporation (NYSE:AKS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.75% to close at $10.64 with the total traded volume of 2.5 Million shares. AK Steel (NYSE: AKS) said recently that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $40 per ton, effective immediately with new orders. AK Steel is a leading producer of flat-rolled carbon, stainless and electrical steel products, and carbon and stainless tubular products, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The firm has institutional ownership of 60.30%, while insider ownership included 0.50%. Its price to sales ratio ended at 0.57. AKS attains analyst recommendation of 2.60 with week’s performance of 4.08%.