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Amazon Removes PayPal's Venmo. Is This a Bad Sign?

TheMotleyFool

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Amazon Removes PayPal's Venmo. Is This a Bad Sign?: https://g.foolcdn.com/editorial/images/757866/person-holding-phone-with-paypal-app-3_paypal.jpg

In this video, I will talk about (NASDAQ: PYPL), the recent announcement from Amazon about removing Venmo as a payment option in 2024, what impact it will have on PayPal, and whether this breaks the long-term thesis.

*Stock prices used were from the trading day of Dec. 10, 2023. The video was published on Dec. 11, 2023.

Source Fool.com

Paypal Holdings Inc Stock

Paypal Holdings Inc gained 1.690% today.
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
As a result the target price of 74 € shows a positive potential of 37.8% compared to the current price of 53.7 € for Paypal Holdings Inc.

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