Don't Call It a Comeback: The Best Is Yet to Come for PayPal. Here's Why.
PYPLPayPal(PYPL) The Motley Fool·2024-06-05 20:30

PayPal turned heads after a respectable first-quarter earnings report.The last couple of years have been a roller-coaster ride for PayPal (PYPL -0.20%). During the peak days of the pandemic, the business experienced abnormally high demand as e-commerce transactions became more widely used. An overly euphoric base of investors poured into PayPal stock, rocketing shares to a high of $308.Today, they trade for about $62. What happened? As the height of the pandemic waned, PayPal's business results followed, an ...