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PayPal, SoFi, Block, and Other Fintech Stocks Got Dealt a Devastating Blow

TheMotleyFool

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PayPal, SoFi, Block, and Other Fintech Stocks Got Dealt a Devastating Blow: https://g.foolcdn.com/editorial/images/752409/person-holding-phone-with-paypal-app-3_paypal.jpg

Worldline (the French payment company) issued a warning on Wednesday that sent fintech stocks like PayPal (NASDAQ: PYPL), SoFi (NASDAQ: SOFI), and Block (NYSE: SQ) down more than 5%. In this video, I'll explain what happened and what analysts are expecting from all these companies that have yet to report quarterly earnings.

*Stock prices used were from the trading day of Oct. 26, 2023. The video was published on Oct. 26, 2023.

Source Fool.com