Where Will PayPal Be in 3 Years?
(NASDAQ: PYPL) was a major beneficiary of the coronavirus pandemic. It registered monster gains in terms of total payment volume (TPV), active accounts, and revenue, thanks to consumers who were flush with cash, ultra-low interest rates, and lockdowns. It's no wonder the shares soared 116% in 2020.
But things have reversed course in a huge way. Slower growth amid macro headwinds has been worrying investors. This fintech stock now is trading 81% below its all-time high.
Maybe there are brighter days ahead for this digital-payments behemoth. Where will PayPal be in three years?
Source Fool.com
Paypal Holdings Inc Aktie
69,77 €
-2,57 %
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