Here's Why PayPal Stock Dropped Another 11% Last Month
Shares of PayPal Holdings (NASDAQ: PYPL) dropped 11.4% in October, according to data provided by S&P Global Market Intelligence. It feels like the downtrend will never end. As of this writing, PayPal stock is down 27% year to date after falling 63% in 2022.
Judging by the returns of the Global X FinTech ETF, it seems investors aren't keen on fintech stocks right now in general, which doesn't help PayPal stock. But PayPal's business may not be living up to its full potential, as I'll explain.
Source Fool.com
Paypal Holdings Inc Aktie
61,64 €
-0,42 %
Die Community sieht Paypal Holdings Inc positiv: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 75 € für Paypal Holdings Inc könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 61.64 € führen.
