Why PayPal Stock Keeps Crashing
It's been a little over a week since I warned investors -- ahead of PayPal's (NASDAQ: PYPL) fourth-quarter earnings report, I might add -- that this stock was far from cheap. Now that earnings are out, PayPal stock has plunged 25%, and some folks on Wall Street are questioning precisely how much PayPal is worth.
And PayPal stock has just closed down another 6.2% as of 3 p.m. ET.
Image source: Getty Images.
Source Fool.com