Reported about 10 hours ago
In 2024, PayPal's stock rose by 39%, outperforming the S&P 500's 23.3% gain, marking its first significant market outperformance in three years. Factors contributing to this rebound include improved transaction margins and better control over operating expenses, as well as a forecast of increasing free cash flow, which is expected to reach $6 billion. The recent shift in corporate priorities under new CEO Alex Chriss has also helped boost investor confidence and stock value.
Source: YAHOO