Why is PayPal Down 10% After 1st Quarter Earnings Beat – and Should Investors be Worried?

By |2023-05-10T19:47:04+00:00May 10th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , |0 Comments

PayPal (PYPL) delivered first-quarter earnings on Monday after the market closed. The market responded Tuesday by sending shares off a cliff, as the company has lost more than 10% since.  This reaction has many perplexed as the earnings report was mostly positive. PayPal saw a 10% growth in total payment volume year over year [...]