Investors continue to sour on fintech giant (NASDAQ: PYPL), and its stock is down 12% this year despite sustained growth and progress in cost cutting.
At the same time, competitor Block (NYSE: SQ), formerly Square, is demonstrating stronger growth but widening losses. As of the end of July, the shares were up as much as 28% on the year, but they have since plunged and now are little changed for the year.
Is the market getting something wrong? Let's see.
Source Fool.com