PayPal: Overpromised, Underdelivered
PayPal(PYPL) Seeking Alpha·2024-02-13 22:02
SOPA Images/LightRocket via Getty Images Introduction Being a PayPal Holdings, Inc. (NASDAQ:PYPL) investor has been particularly frustrating. Since its peak in July 2021, the stock is down 80%. Furthermore, the stock has been bleeding slowly over the last twelve months, making lower lows and lower highs. As investors try to look past PayPal's dismal years, many investors have high expectations for PayPal heading into 2024 given recent management changes and the new CEO's "we will shock the world" statement. ...