's (NASDAQ: PYPL) stock price has fallen and can't get up.
The fintech stock peaked in 2021 but has dropped 80% from those highs. Investors are skeptical of PayPal's future amid ruthless competition, much of which is younger, fresher, and dangerously innovative. PayPal hired Alex Chriss as CEO last year to right the ship and rejuvenate the company's growth.
PayPal's recent second-quarter earnings showed that the company still has a pulse, and its new CEO is starting to create positive change.
Source Fool.com