One of the pioneers of e-commerce is (NASDAQ: PYPL). However, a number of new players emerging in digital payments have taken their toll on PayPal's business in recent years.

The company is currently at a crossroads as its core business continues to generate mundane results from quarter to quarter.

With the stock down nearly 80% in the last three years, it seems like investors have soured on PayPal and moved on. Even more concerning, management admitted to investors that 2024 may not bring a ton of growth.

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Source Fool.com