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Why PayPal Stock Soared on Tuesday

TheMotleyFool

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Shares of mobile payments company PayPal (NASDAQ: PYPL) surged on Tuesday. The stock was up nearly 14% as of 3 p.m. EDT.

The stock's gain was likely primarily due to the broader market's big gain on Tuesday as President Donald Trump began saying that Americans will be able to return to work soon, after staying at home amid the coronavirus outbreak.

Image source: Getty Images.

Source Fool.com

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