Is a Buyout the Hope PayPal Investors Have Been Waiting For?
PayPal (PYPL) investors have endured a punishing stretch over the past 12 to 15 months. The stock has collapsed more than 40% from its 52-week high and sits roughly 87% below…
Written byRich DupreySource: Money Morning – We Make Investing Profitable
PayPal (PYPL) investors have endured a punishing stretch over the past 12 to 15 months. The stock has collapsed more than 40% from its 52-week high and sits roughly 87% below all-time peaks, hammered by repeated earnings misses, slowing transaction growth, and a brutal February sell-off. Shares plunged nearly 20% after the company ousted CEO […]
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