Why PayPal Stock Jumped 10% in August

It's making real progress, and the market is noticing.PayPal Holdings (PYPL -0.80%) stock shot up 10% in August according to data provided by S&P Global Market Intelligence. The market liked its second-quarter update and finally sees a path forward.Down but not outPayPal was one of the biggest success stories of the pandemic, but it wasn't able to hold on to its lead coming out on the other side. That's not an unusual tale, and many companies are still struggling with the fallout of uneven growth precipitat ...