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.
Source Fool.com