Momentum Alert: PayPal Stock is Making a Comeback
PayPal(PYPL) ZACKS·2024-10-24 01:01
After declining more than 80% from its 2021 high, PayPal ((PYPL) stock is rising from the dead. And though it took more than a year of sideways action near the lows, it’s not that surprising. While there is considerable competition in the payments industry, PayPal has remained a stalwart in the online payments space, steadily growing its sales and earnings over the years even though its stock has suffered.Today, PayPal is trading like a leading stock again, outperforming the broad market and forming a techn ...