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Better Buy: Meta Platforms vs. PayPal Holdings

TheMotleyFool 
0 0 10.02.22
Better Buy: Meta Platforms vs. PayPal Holdings
 

This earnings season was brutal for Meta Platforms (NASDAQ: FB) and PayPal Holdings (NASDAQ: PYPL). Meta, the tech giant formerly known as Facebook, has lost about 30% of its market value since it posted a messy fourth-quarter earnings report on Feb. 2. PayPal's stock price has also plunged roughly 30% since the digital-payments provider posted its fourth-quarter earnings report on Feb. 1.

The magnitude of those declines stunned many investors, since Meta and PayPal had been widely considered stable blue-chip tech stocks. Let's see why they crashed -- and if either beaten-down stock is worth buying right now.

Image source: Getty Images.

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Source Fool.com

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