Workflow
PayPal Stock: The Rebound Could Be Epic
PayPalPayPal(US:PYPL) Seeking Alpha·2024-01-11 19:34

chameleonseye PayPal Holdings, Inc. (NASDAQ:PYPL) stock used to trade around $300, hitting a high of about $310 in 2021. However, poor management decisions, a slow economic environment, high interest rates, worsening sentiment, higher costs, and other factors caused PayPal's stock to melt to a low of just $50 in recent months. PYPL (StockCharts.com) This monstrous decline illustrates an epic drop of 84%. PayPal probably bottomed, and we could see an epic recovery from here. Despite the transitory issues, Pa ...