PayPal stock surges after earning report; Can PYPL breakout?

The stock price of the digital payment platform PayPal (NASDAQ: PYPL) is poised to extend its positive 2024 run after reporting better-than-expected earnings. Notably, the equity has defied market uncertainty, outperforming the stock market in a week marked by various economic data announcements.By press time, PayPal was trading at $67.90, reflecting a surge of almost 2% for the day. Year-to-date, the equity has risen by over 10.48%. PYPL YTD seven-day price chart. Source: FinboldPayPal earnings beat estima ...