PayPal's User Growth Will Slow: Should Investors Worry?
Since hitting an all-time high of $308.53 last July, shares of PayPal Holdings (NASDAQ: PYPL) have fallen dramatically, losing more than 60% of their value at Wednesday's prices. The company's revenue growth has decelerated, as the pandemic boost seems to be fading away. Investors are now questioning the payments giant's future.
Additionally, the company's massive user base, now at 426 million, isn't likely to expand at the rapid pace we've seen over the past few years. That's because PayPal's management team will no longer try to add as many customers to its platform as possible, instead opting to focus on increasing engagement.
Here's why that's not necessarily a bad thing.
Source Fool.com
