PayPal's (NASDAQ: PYPL) stock price has declined more than 70% since it touched its all-time high in July 2021. The digital payments giant lost its luster as its growth cooled off and margins declined. Rising interest rates have intensified pressure on the company by curbing consumer spending and driving investors away from higher-growth tech stocks.
But with such a steep pullback behind it, is PayPal finally worth buying again ahead of its third-quarter report on Nov. 3? Let's review the bull and bear cases for this polarizing fintech stock.
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Source Fool.com