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Is Now a Good Time to Buy PayPal Stock?


PayPal (NASDAQ: PYPL) recently confirmed that it would not be acquiring Pinterest (NYSE: PINS) after headlines were buzzing that the fintech giant might acquire the social media stock. While short-lived, the news caught investors' attention, and generated plenty of discussion about the potential benefits and drawbacks if the deal were to go through.

Shares of PayPal also retracted considerably when the news of the potential acquisition first broke. In this segment of Backstage Pass, recorded on Oct. 22, Fool contributors Jason Hall and Toby Bordelon respond to a member's question about investing in PayPal. 

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Source Fool.com

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