PayPal Stock Gaps Lower Despite Earnings Beat

PayPal Holdings Inc (NASDAQ:PYPL) stock is down 9.9% to trade at $80.61 at last check, brushing off a top- and bottom-line beat for the fourth quarter due to contracting margins. The fintech giant also announced an upbeat 2025 forecast amid Venmo growth.PYPL is on track for its worst single-day percentage loss since in about a year, and earlier fell to$80,20, its lowest level since November. The shares still sport a 31.5% year-over-year lead, though, and long-term support from their 120-day moving average ...