Why PayPal Stock Jumped 13% Last Month
PYPLPayPal(PYPL) The Motley Fool·2024-08-03 04:48

Is this an undervalued stock to buy?Shares of financial-technology (fintech) company PayPal Holdings (PYPL -5.10%) jumped 13.4% during July, according to data provided by S&P Global Market Intelligence. The stock went nowhere for most of last month. And in August, it's already giving back July gains. But for a brief moment, PayPal stock was soaring on the heels of its latest quarterly financial report.On July 30, PayPal reported its financial results for the second quarter of 2024, beating estimates on the ...