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NASDAQ:PYPL News 20 January 2026

Wedgewood Cuts PayPal After Volume Slowdown, Leans on Alphabet’s Google Growth

Wedgewood Cuts PayPal After Volume Slowdown, Leans on Alphabet’s Google Growth

NEW YORK, Jan 20, 2026, 10:41 EST Wedgewood Partners cut back its stake in PayPal during the fourth quarter, citing a slowdown in transaction volumes late in the period and increased spending that might weigh on profit growth. PayPal shares slipped roughly 2.3%, while Alphabet dropped about 1.7% in morning trading Tuesday. (Finviz) The move offers a glimpse into how…

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  • Ovintiv Inc (OVV) Offers 15.6% YieldBoost via July $45 Covered Calls
    January 21, 2026, 12:05 PM EST. Ovintiv Inc (OVV) shareholders can enhance income by selling July covered calls at the $45 strike, receiving a $2.50 premium that adds a 12.7% annualized yield to the stock's 3% dividend. This "YieldBoost" totals a 15.6% return if shares remain below $45 at expiration. Should shares rise 10.5% above the current $40.41 price and be called away, investors still realize a 16.6% overall return, including dividends. The company's historical volatility stands at 47%, suggesting significant price fluctuations that impact risk assessment. Options traders favor calls over puts today, with a put:call ratio of 0.43, indicating bullish sentiment among S&P 500 components.
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