23.11.2024 19:25:00
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Should You Buy PayPal Stock While It's Below $87?
PayPal's (NASDAQ: PYPL) stock has rallied 41% this year as the digital payments leader has attempted to put its struggles behind it under a new CEO. Is it still worth investing in anticipation of a long-term recovery? Let's take a fresh look at its business model, its most pressing challenges, and its valuations to decide.Image source: PayPal.PayPal owns one of the world's largest digital payment platforms, but a lot of its revenue came from its former parent company, eBay. That's why it was worrisome when eBay replaced PayPal with Dutch competitor Adyen as its preferred payments platform from 2018 to 2023.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
eBay Inc Cert Deposito Arg Repr 1 Sh | 36 025,00 | 0,28% | |
eBay Inc. | 61,99 | -0,24% | |
PayPal Inc | 82,82 | -0,37% |