PayPal Holdings (PYPL) reported third-quarter earnings results that mirrored what we’ve seen so far this year - continued growth in profitability. The company delivered on one of its key metrics for the quarter, yet the stock is down nearly 4% Tuesday morning. Revenue for the third quarter came in at $7.85 billion, which was [...]
Shares of PayPal (PYPL) have risen roughly 7% in the past week, 5.5% of which came yesterday in the stock’s best performance since the very start of the year. There are a few things moving PYPL higher: 1) a bullish outlook by the company’s CEO and 2) investor excitement about new products being rolled [...]
Tuesday Morning, Susquehanna analyst James Friedman downgraded PayPal stock from “buy” to “neutral”. As you would imagine, this has caused a slight dip in the company’s stock price - but not nearly to the extent of other stocks that have recently been downgraded, such as Adobe. So - if you’re currently invested in PayPal, what [...]
