Why PayPal Shares Plunged 13% This Week
Shares of leading digital payment platform (NASDAQ: PYPL) sank 13% this week as of 1:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.
PayPal reported its fourth-quarter earnings on Tuesday and snuck past analysts' expectations after growing sales and adjusted earnings per share by 4% and 5%.
However, while total payment volume (TPV) rose 7%, the company's once-fast-growing unbranded unit (where it's a payment service provider) only grew 2%, spurring a drop from the market.
Source Fool.com
Paypal Holdings Inc Aktie
40,64 €
0,58 %
Die Community bevorzugt leicht Paypal Holdings Inc, mit etwas mehr Buy- (38) als Sell-Einschätzungen (11).
Ein Kursziel von 74 € für Paypal Holdings Inc signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 40.64 €.
