Here's Why PayPal and Square Are Falling on Tuesday
To say that it's a volatile day in the stock market on Tuesday would be a massive understatement. And the high-flying tech stocks of the past year or so are taking the worst of it. Fintech stocks aren't immune to the pain either, as fintech giants PayPal Holdings (NASDAQ: PYPL) and Square (NYSE: SQ) are down by 5% and 8%, respectively, as of 10 a.m. EST on Tuesday morning.
There are two likely explanations for today's plunge in these two fintech giants.
Image source: Square.
Source Fool.com
