PayPal Holdings, Inc. is trading 2.9% up today at $8240.00, extending its recovery. - The company announced today it is shutting down PayPal Ventures, its venture capital arm, as part of a broader strategic restructuring under CEO Enrique Lores. - Investors are also continuing to digest previously announced cost-cutting measures and strategic refocusing efforts, and the stock is rebounding from recent macro-induced swings following the Federal Reserve’s June 17 rate decision.