PayPal Shares Sink Despite Upbeat Guidance. Is This a Golden Opportunity to Buy the Stock?
PayPal (PYPL -0.80%) shares dropped as much as 13% after the fintech reported solid fourth-quarter results and issued an upbeat outlook on Feb. 4. But the stock is still up almost 30% during the past year as of this writing.Let's take a closer look at PayPal's fourth-quarter results to see if this pullback is a good opportunity to buy the stock.An upbeat outlookFor the fourth quarter, PayPal's revenue rose 4% to $8.36 billion, which came in above the $8.26 billion average estimate as compiled by the London ...