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Navigating PayPal's Decline
PYPLPayPal(PYPL) GuruFocus·2024-02-23 13:00

Financial services conglomerate PayPal Holdings Inc. (PYPL, Financial) remains in the shadow of its former glory. After peaking at record highs of $310 a share at the height of the Covid-19 pandemic in 2021, the stock has come tumbling down. The company has seen its market value fall by 80% over the past three years, compared to a 16% gain for the S&P 500. The payment technology company's stock fell 22% last year, underperforming the overall financial services sector, which benefited from an uptick in inter ...