PayPal Stock Dips Despite Strong Q3 Earnings as Revenue Falls Short

Reported 28 days ago

PayPal reported third-quarter earnings that exceeded expectations, yet its revenue failed to meet Wall Street forecasts, resulting in a drop in stock price. Despite this setback, PayPal shares have gained nearly 30% year-to-date, as analysts discuss the impact of the current interest rate climate on broader market performance.

Source: YAHOO

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