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Why PayPal Stock Dropped Today


Shares of online payments behemoth PayPal Holdings (NASDAQ: PYPL) plunged on Monday and remain down 3.7% as of 3 p.m. ET. And yes, with the Nasdaq Composite down 0.8%, it's true that a lot of tech stocks are in the red today.

But in PayPal's case, there's a clear reason for the sell-off.

Image source: Getty Images.

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Source Fool.com

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