PayPal shares fell more than 16% in premarket trading

Tiger Newspress2022-02-02

PayPal shares fell more than 16% in premarket trading.PayPal Holdings Inc. largely matched expectations for its holiday quarter but delivered an earnings forecast that came up shy of expectations.

For the first half of the year, the company sees continued headwinds from eBay Inc. $(EBAY)$, which has been migrating volume away from PayPal as part of its own payments evolution.

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LibeQ
2022-02-02
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2022-02-02
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