PayPal (PYPL) profits have been under scrutiny by analysts and shareholders alike for a few months now. And after the digital payment processing firm reported its second-quarter earnings Wednesday, it appears that concern was substantiated. Despite a strong forecast, the lackluster margins for PayPal resulted in a strong sell-off in Thursday morning’s trading session. [...]
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 [...]
Tuesday Morning, Susquehanna analyst James Friedman downgraded PayPal stock from “buy” to “neutral”. As you would imagine, this has caused a slight dip in the company’s stock price - but not nearly to the extent of other stocks that have recently been downgraded, such as Adobe. So - if you’re currently invested in PayPal, what [...]
