PayPal Sell-Off: Here's What You Need to Know

PayPal Holdings (NASDAQ: PYPL) reported its fourth-quarter 2021 financial results last week, with revenue of $6.92 billion beating Wall Street estimates and adjusted earnings per share (EPS) of $1.11 missing estimates during the three-month period. As is always the case, however, investors focused heavily on management guidance. 

Let's just say the leadership team's forecast really disappointed investors. This once-surging fintech was a major pandemic winner, but it's now facing some serious headwinds. And the stock price had crashed a jaw-dropping 29% by the afternoon of the day after the report's release. 

Here's what you need to know. 

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Source Fool.com