aaryankarhana

PayPal is down by 61% this year, What's happening?

NASDAQ:PYPL   PayPal Holdings, Inc.


PayPal Holdings, Inc (NASDAQ: PYPL) shares is down over 61% year-to-date. The share value has lost 5.5% in November month and over 11% over the previous 6 months.

Despite the divergence in growth rates, PayPal remains a much larger payment type making up 16% of global e-commerce purchases versus Apple Pay's 5%.

According to Black Friday survey PayPal's e-commerce dominance, with PayPal core and Venmo accounting for 34.9% of Black Friday online payment practices, commanding the third place, with credit and debit leading.

PayPal reported third-quarter revenue of $6.85 billion, up 11% year-over-year, beating the consensus of $6.82 billion.
Adjusted EPS of $1.08 beat the consensus of $0.96.

Do you think, in coming weeks PYPL will go back to $80-85?
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。